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The Federal Reserve lowers interest rates again -- but hints at fewer cuts next year

03:38
Federal Reserve Chair Jerome Powell and his colleagues lowered their benchmark interest rate Wednesday by a quarter percentage point. That will make it cheaper to get a car loan, finance a business or carry a balance on your credit card. (AFP)
Federal Reserve Chair Jerome Powell and his colleagues lowered their benchmark interest rate Wednesday by a quarter percentage point. That will make it cheaper to get a car loan, finance a business or carry a balance on your credit card. (AFP)

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