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June pause in rate hikes would be close call for Fed...

WASHINGTON (AP) – Federal Reserve officials were divided earlier this month on whether to pause their interest rate hikes at their upcoming meeting in...
THE FEDERAL OPEN MARKET COMMITTEE, led by Federal Reserve Chairman Jerome Powell, decided to drop the main interest rate one-quarter of a point Wednesday. / BLOOMBERG NEWS FILE PHOTO/AL DRAGO

Fed makes second straight rate cut, splits on further action

WASHINGTON – Federal Reserve policy makers lowered their main interest rate for a second time this year while splitting over the need for further...
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