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- The US Federal Reserve (FED) is lowering its key interest rate for the third time in a row despite slightly increasing inflation.
- This will be reduced by 0.25 percentage points and is now in a range of 4.25 to 4.5 percent, as the FED announced.
The US Federal Reserve (FED) started the interest rate turnaround in September with an unusually large step downwards. The key rate was reduced for the first time since the beginning of the decade – by half a percentage point.
+++ more to come +++
agencies/flal
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