US cuts interest rates as Trump election raises uncertainty
Source: BBC
The US central bank has cut its key interest rate again as Donald Trump's election as president raises new uncertainty about the future for borrowing costs.The cut puts the Federal Reserve's lending rate in the range of 4.5%-4.75%. It marks the second drop in a row after the Fed lowered rates for the first time in more than four years in September, indicating confidence that price rises were finally…
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