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The Fed just cut rates again — and the timing is undeniably awkward
The Federal Reserve cut its benchmark lending rate again Thursday, the second time this year as inflation continues to slow.
The quarter-point move comes as the US economy faces a new direction and a new president.
Voters in the US presidential election frequently noted that the economy, and especially higher price levels, were a deciding factor in their decision making.
Fed Chair Jerome Powell took questions at his post-meeting press conference, where the discussion...
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