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Top The Express Tribune News
Federal Reserve · WashingtonThe Federal Reserve on Wednesday approved a widely anticipated rate cut and signaled that two more are on the way before the end of the year as concerns intensified over the U.S. labor market. In an 11 to 1 vote that signaled less dissent than Wall Street had anticipated, the Federal Open Market Committee lowered its benchmark overnight lending rate by a quarter percentage point. The decision puts the overnight funds rate in a range between 4%-4.25%.See the Story
Federal Reserve cuts key rate by quarter-point and signals two more cuts this year
52% Center coverage: 408 sources
French Protests · ParisTeachers, train drivers, pharmacists and hospital staff went on strike and teenagers blocked their high schools in France on Thursday, part of a day of protests against looming budget cuts.See the Story
French unions strike against austerity, pressuring Macron
41% Center coverage: 108 sources
