The Fed cut rates for the first time since 2008

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The Federal Reserve on Wednesday lowered interest rates for the first time since the Great Recession in 2008 to help stave off the possibility of an economic downturn. Policymakers led by Fed Chairman Jerome Powell voted 8-2 in favor of a small cut in the federal funds rate, and recommitted to their promise to “act […] The post The Fed cut rates for the first time since 2008 appeared first on KXLF.com.
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The Fed cut rates for the first time since 2008

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