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Fed QT Cut, Marijuana Reclassification
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The Federal Reserve may cut its quantitative tightening program in half while keeping interest rates steady, causing ripples in the economy and financial markets. Additionally, the Biden administration intends to reclassify marijuana as a less risky substance, and Binance's founder faces legal consequences for money-laundering charges.
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How might a reduction in the quantitative tightening program impact the economy and financial markets?
What implications could the reclassification of marijuana have on related industries and legal landscape?
What measures can financial institutions take to prevent money-laundering activities within their platforms?
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