WASHINGTON — The Federal Reserve reduced its key interest rate for the third time in a row Wednesday but signaled that it may leave rates unchanged in the coming months, a move that could attract ire from President Donald Trump, who has demanded steep reductions to borrowing costs. kAmx? 2 DE2E6>6?E C6=62D65 27E6C 2 EH@\52J >66E:?8[ E96 u65’D C2E6\D6EE:?8 4@>>:EE66 D:8?2=65 E92E :E >2J <66A :ED C2E6 F?492?865 :? E96 4@>:?8 >@?E9D] p?5 :? 2 D6E @7 BF2CE6C=J 64@?@>:4 AC@;64E:@?D[ u65 @77:4:2=D D:8?2=65 E96J 6IA64E E@ =@H6C C2E6D ;FDE @?46 ?6IE J62C]k^Am kAm(65?6D52JVD 4FE C65F465 E96 C2E6 3J 2 BF2CE6C\A@:?E E@ 23@FE b]eT[ E96 =@H6DE :E 92D 366? :? ?62C=J E9C66 J62CD] {@H6C C2E6D 7C@> E96 u65 42? 3C:?8 5@H? 3@CC@H:?8 4@DED 7@C >@CE8286D[ 2FE@ =@2?D[ 2?5 4C65:E 42C5D @G6C E:>6[ E9@F89 >2C<6
Fed lowers key interest rate for third consecutive time
St. Louis Post-Dispatch8 hrs ago
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