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The chances the Federal Reserve will cut interest rates by 50 basis points in December are growing, according to Oxford Economics. The June jobs report showed strong headline numbers, but the ...
A member of the Federal Reserve Board of Governors says the central bank should slash interest rates by the next Federal Open ...
The Federal Reserve cut its benchmark rate by a half percentage point, or 50 basis points, at the end of its two-day meeting Wednesday. For consumers, this means relief from high borrowing ...