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After months of speculation and intense pressure by President Trump, Federal Reserve Chair Jerome Powell announced on Wednesday, Sept. 17, that the central bank would cut interest rates by 25 basis points.
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Fed Meeting Live Updates: Interest Rates and Economic News The New York TimesFed set to announce first rate cut in nine months as Trump continues to push for influence CNNFederal Reserve poised to cut interest rates NBC NewsFed expected to cut rates, update views of Trump economic plan with new projections Reuters
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