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Fed Rate Cut LIVE News | How Will Markets React To The Fed Rate Cut? | US Fed Rate Cut Latest News
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The US Federal Reserve on Wednesday reduced its key interest rate by 50 basis points to 4.75-5.00% "In a near-unanimous decision (11-1), the first cut since the pandemic. The Federal Open Market Committee lowered the rate for the first time in more than four years, in line with expectations, according to a statement by the US Federal Reserve.
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