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The Federal Reserve cut its key interest rate Thursday by a quarter-point in response to the steady decline in the once-high inflation that had angered Americans and helped drive Donald Trumps presidential election victory this week.
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News and Media
Donald Trump's plans for tax cuts and tariffs raise questions about much further the Fed might cut.
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News and Media
Interest rates were cut to 4.75% but the Bank expects inflation to creep higher after last week's Budget.
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News and Media
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