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Fed cuts Rate by 25 basis points

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October 30, 2019 (MLN): In a widely expected move, the Federal Open Market Committee (FOMC) has decided to cut its benchmark fund rate by 25 basis points to between 1.5% and 1.75%.

This is the third time the FED has lowered interest rates this year.

Posted on: 2019-10-30T23:30:00+05:00

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