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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 ...
China.org.cn

2nd LD: U.S. Fed cuts interest rate by 25 basis points

WASHINGTON, Sept. 17 (Xinhua) -- The U.S. Federal Reserve on Wednesday decided to lower the target range for the federal funds interest rate by 25 basis points to 4 to 4.25 percent, the first rate cut ...