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Federal Reserve cuts interest rate by quarter-point in effort to keep economy on track

bemidjipioneer – WASHINGTON – The Federal Reserve reduced the benchmark interest rate Wednesday by a quarter-point to about 2.25 percent, a modest and widely expected move that is meant to keep the economy healthy in the face of headwinds from President Donald Trump’s trade war and slower growth overseas.
Source: https://www.bemidjipioneer.com

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