The Fed cut rates at its second meeting in a row, trying to keep a slowdown in hiring from turning into something more serious. The move drew dissent from opposing sides.

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The Fed cut rates at its second meeting in a row, trying to keep a slowdown in hiring from turning into something more serious. The move drew dissent from opposing sides.

Chair Jerome Powell pushed back against assumptions that a December rate cut was highly likely. Wednesday’s cut drew dissent from opposite sides.



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