Fed to cut rates next week, bringing an end to first phase of easing
The Federal Reserve is set to cut its benchmark interest rate by a quarter-percentage point next week, staying on the path it has laid out to slowly bring rates down even as the economic landscape shifts beneath its feet.
The Federal Reserve is set to cut its benchmark interest rate by a quarter-percentage point next week, staying on the path it has laid out to slowly bring rates down even as the economic landscape shifts beneath its feet.
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