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The Independent UK
The Independent UK
National
Christopher Rugaber

Federal Reserve is edging closer to cutting rates. The question will soon be, how fast?

US Federal Reserve Inflation Jerome Powell Gennadiy Goldberg Economy the Federal Reserve William English
Copyright 2020 The Associated Press. All rights reserved

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Two years after launching an aggressive fight against inflation and one year after leaving its benchmark interest rate at a near-quarter-century high, the Federal Reserve is expected to signal this week that it will likely reduce borrowing costs as soon as September.

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