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News@lemmy.worldEnglish · 8 days ago

Federal Reserve cuts its key interest rate by a quarter-point amid postelection uncertainty

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Federal Reserve cuts its key interest rate by a quarter-point amid postelection uncertainty

Joker@sh.itjust.works to

News@lemmy.worldEnglish · 8 days ago

The Federal Reserve cut its key interest rate by a quarter-point in response to a steady decline in once-high inflation that angered Americans and helped drive Trump’s election victory.

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It is not.

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