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Springfield, MO
The Federal Reserve on Thursday made its second consecutive rate cut.
With the quarter-percentage point cut, the federal funds rate now has a range between 4.5% and 4.75%.
“The committee judges that the risks to achieving its employment and inflation goals are roughly in balance,” the Federal Open Market Committee said in a statement. “The economic outlook is uncertain, and the committee is attentive to the risks to both sides of its dual mandate.”
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