Mumbai, Sept. 18 -- COMEX gold slips under $3700 mark as dollar rebounded following Federal Reserve's widely expected decision of a 25 bps rate cut. Fed reduced the federal funds rate - what banks charge each other for short-term loans - to between 4% and 4.25%, down from its prior range of 4.25% to 4.5%. A cautionary appearance from Fed Chair Jerome Powell bolstered the US Dollar. In considering additional adjustments to the target range for the federal funds rate, the Committee said it will carefully assess incoming data, the evolving outlook, and the balance of risks. However, Fed's Summary of Economic Projections (SEP) indicated that Fed policymakers foresee more rate adjustments in the near future. The dot plot suggests that most polic...