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The Federal Reserve lowered rates by a quarter point, but one governor voted for a bigger cut. Balancing persistent inflation and a weaker labor market was "a challenging situation," the central bank chair said.
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Fed Meeting Live Updates: Interest Rates and Economic News The New York TimesFed announces first rate cut in nine months, signals more reductions to come CNNGlobal Markets Mixed After Fed Rate Cut The Wall Street JournalFederal Reserve cuts interest rates for the first time this year NBC NewsAmerica's monetary policy risks getting too loose The Econo
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