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Federal Reserve cuts key rate but signals higher bar for future reductions

Federal Reserve cuts key rate but signals higher bar for future reductions

The Federal Reserve reduced its key interest rate for the third time in a row Wednesday but signaled that it may leave rates unchanged in the coming months, a move that could attract ire from President Donald Trump, who has demanded steep reductions to borrowing costs.

 

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Arlington Heights
Illinois

P.O. Box 280, Arlington Heights, IL 60006

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