Federal Reserve announces first interest rate cut since 2008

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Federal Reserve announces first interest rate cut since 2008
France Dernières Nouvelles,France Actualités
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Federal Reserve cuts its key interest rate for first time since 2008.

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Fed Readies First Interest-Rate Cut Since 2008Fed Readies First Interest-Rate Cut Since 2008The Federal Reserve is expected to say Wednesday it will reduce its benchmark interest rate by one quarter percentage point. That would mark just the fifth time in the past 25 years that the central bank switched from raising to lowering rates.
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