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Federal Reserve is set to cut key rate but consumers might not feel much benefit anytime soon

  • The federal reserve is set to cut key interest rates to bolster economic growth.
  • Many consumers may not feel much benefit from the rate cuts right away.
  • The cuts aim to encourage borrowing and spending among consumers.
  • Analysts predict that benefits from the cuts will take time to materialize.
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  • 56% of the sources are Center
56% Center
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