Federal Reserve Cuts Interest Rates Again But Pauses Future Adjustments
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The Fed indicated it would pause the rate-cutting cycle.
Samuel Corum/Getty Images
Topline: In a widely expected move, the Fed continued its “mid-cycle adjustment” by cutting interest rates to the 1.5% to 1.75% range on Wednesday, but also indicated that it would pause the monetary easing cycle before implementing additional rate cuts.
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