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In 2019, Macquarie Bank announced two consecutive interest rate cuts in July and October, each by 0.25%. Meanwhile, the US Federal Reserve also reduced rates twice during the year. However, in December, Macquarie Bank kept rates steady at 0.75%, reflecting a cautious approach amidst global economic uncertainties. This series of moves underscores the dynamic nature of interest rates and the need for financial institutions to adapt to changing market conditions.

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