Fed cuts rates quarter point, sets end to balance-sheet runoff

Federal Reserve officials delivered their second consecutive interest-rate reduction to support a softening labour market, and said they would stop shrinking the central bank’s portfolio of assets on Dec. 1. 

Federal Reserve officials delivered their second consecutive interest-rate reduction to support a softening labour market, and said they would stop shrinking the central bank’s portfolio of assets on Dec. 1.  CMT News 

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