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The Independent UK
The Independent UK
National
Christopher Rugaber

Federal Reserve is set to cut interest rates for the first time in 4 years

Copyright 2020 The Associated Press. All rights reserved

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Having all but tamed inflation, the Federal Reserve is poised to do something Wednesday it hasn’t done in more than four years: Cut its benchmark interest rate, a step that should lead to lower borrowing costs for consumers and businesses just weeks before the presidential election.

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