As expected, the Federal Reserve made another move on Wednesday, cutting its benchmark interest rate by a quarter point for the second time in less than two months. It’s the second time the central bank lowered the rate metric in six weeks and one of two cuts the bank previously signaled could be coming this year. In comments at the central bank’s September meeting, authorities teased more interest rate cuts before the new year, though Fed chair Jerome Powell cast uncertainty over that in public comments on Wednesday. “Available indicators suggest that economic activity has been expanding at a moderate […]

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