Source: Martin Crutsinger, WINSTON-SALEM JOURNAL, 9/18/19


A sharply divided Federal Reserve cut its benchmark interest rate Wednesday for a second time this year while saying it's prepared to continue doing what it deems necessary to sustain the U.S. economic expansion. The Fed's move will reduce its benchmark rate — which influences many consumer and business loans — by an additional quarter-point to a range of 1.75% to 2%.

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