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  • Fed Cuts Interest Rates, Dollar Hits Two-Year High – 01 August 2019
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Fed Cuts Interest Rates, Dollar Hits Two-Year High – 01 August 2019

Stock Trading 360 1 year ago 1 min read

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The U.S. dollar hit a two-year high after Federal Reserve Chairman Jerome Powell announced a quarter-point interest rate cut, bringing the benchmark lending rate to between 2 and 2.25 percent as expected.

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