Fed cuts interest rates for second time this year
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President Donald Trump has publicly chastised Chairman Jerome Powell, who he appointed in 2017 to lead the central bank, ...
The Fed’s benchmark rate sets the tone for borrowing costs across the economy, from credit cards to small-business loans. Mortgage rates move more with Treasury yields than Fed policy, so ...
WASHINGTON (AP) — The Federal Reserve cut its key interest rate by a quarter-point Wednesday and projected it would do so twice more this year as concern grows at the central bank about the health ...
NEW YORK (AP) — The Federal Reserve cut its benchmark interest rate Wednesday for the first time in nine months. Since the last cut, progress on inflation has slowed while the labor market has ...
A quarter-point rate cut is all but certain at this week’s Federal Open Market Committee meeting. And we’ll see earnings ...
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