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Federal Reserve Puts Monetary Policy on Pause


The Federal Reserve’s latest tweak to monetary policy — a quarter-point cut in its benchmark interest rate plus a strong signal there’ll be no more unless there’s a major change in economic conditions — was much as investors expected. Reaction in financial markets on Wednesday was muted. It would be wrong to conclude from this calm, however,

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Posted: October 31, 2019 Thursday 07:29 AM