Why the US is expected to cut interest rates
Source: BBC
Natalie ShermanBusiness reporterBloomberg/GettyIt's finally happening. After months of economic debate and mounting attacks from US President Donald Trump, the US central bank is poised to cut interest rates on Wednesday.The Federal Reserve is widely expected to announce it is lowering the target for its key lending rate by 0.25 percentage points. That will put it in a range of 4% to 4.25% - the lowest level…
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