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China.org.cn

US Fed cuts interest rate by 25 basis points

The U.S. Federal Reserve on Wednesday decided to lower the target range for the federal funds interest rate by 25 basis ...
Stockstar

Stephen Roach: Fed is concerned about shifting risks, U.S. equity market faces correction

The U.S. Federal Reserve is widely anticipated by market observers to cut rates as early as this September, even while inflation stays firm and growth indicators weaken. U.S. equities are still near r ...