Sep 18, 2019
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Recession-Blind Federal Reserve Cuts Interest Rates to 1.75%

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The Federal Reserve’s recalibration of monetary policy continued Wednesday, as officials voted to lower the federal funds rate by 25 basis points. Although the decision was widely expected, traders had grown skeptical about the prospect of another rate cut in the days leading up to the meeting. On Tuesday, Fed Fund futures prices implied a […]

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