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After three rate cuts, Fed policymakers are done for now

Jerome Powell holds news conference after Federal Open Market Committee meeting
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HOUSTON/NEW YORK (Reuters) - Speaking in events across the country, Federal Reserve policymakers hammered home the message that Fed Chair Jerome Powell delivered earlier this week: that after cutting borrowing costs three times this year, the Fed is now done. After the latest quarter-point decrease Wednesday, which took the Fed's target for the overnight bank-to-bank lending rate to a range of..
Date Published: Nov 01, 2019
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