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Federal Reserve cuts interest rates in divisive vote The Federal Reserve cut interest rates Wednesday in an unusually narrow vote, underscoring the divides among bank officials over the effect rate cuts will have on inflation and employment The Fede…
Fed meeting live updates: Will a divided FOMC cut rates? The Federal Reserve on Dec 10 announced a quarter-point rate cut to its benchmark federal funds rate, its third in a row, aimed at lowering borrowing costs for consumers The decision brings the
The Fed just cut interest rates for the third-straight time • The Federal Reserve cut interest rates Wednesday by a quarter point as expected, lowering borrowing costs for the third time this year • Wall Street rallied after Fed Chair Jerome Powell
Fed Cuts Rates Again, Is Divided Over Future Moves Fed Cuts Rates Again, Is Divided Over Future Moves The Federal Reserve cut interest rates for a third time this year, but officials were divided over their next move Jerome Powell, the central