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U.S. Federal Reserve cut interest rates by another quarter-point

The U.S. Federal Reserve has cut interest rates by a quarter of a percentage point, which will directly affect people’s mortgages, car payments, and the economy in general. Some experts say the reasons for this appear to be slower growth abroad along with trade policy. Luis Megid has more.

U.S. Federal Reserve cut interest rates by another quarter-point

The U.S. Federal Reserve has cut interest rates by a quarter of a percentage point, which will directly affect people’s mortgages, car payments, and the economy in general. Some experts say the reasons for this appear to be slower growth abroad along with trade policy. Luis Megid has more.

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