Fed cuts rates for third time this year
The Federal Reserve lowered its benchmark rate to 1.5 to 1.75 percent marking its third cut of the year as threats from trade tensions and a weaker global economy loom. Powell signaled a pause unless the outlook worsens while policymakers Rosengren and George dissented.
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Federal Reserve
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Jerome Powell
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Boston Fed
Eric Rosengren
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Donald Trump
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Bolton called to testify in impeachment inquiry
House investigators seek testimony from former national security adviser John Bolton as part of the impeachment probe. Democrats target Bolton and NSC lawyers John Eisenberg and Michel Ellis, amid rapid moves toward a possible impeachment vote and public hearings.
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