Fed pumps more cash as key rate breaks above target
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NEW YORK (Reuters) - The Federal Reserve injected another $75 billion into the U.S. banking system on Wednesday, restoring a measure of order after a bout of extreme volatility inside the bank funding market drove the central bank's benchmark interest rate above its targeted range for the first time since the financial crisis.The ructions in the money market come as Fed policymakers are convening to decide whether to lower key lending rates to combat risks from U.S.-China trade tensions, a..