Federal Reserve announces emergency meeting on auto lending regulations • Click for details

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Fed cuts rates with three dissents, projects one cut in 2026

The committee voted 9-3 to lower the federal funds rate

Bloomberg News

Federal Reserve officials delivered a third consecutive interest-rate reduction and maintained their outlook for just one cut in 2026. The Federal Open Market Committee voted 9-3 Wednesday to lower the benchmark federal funds rate to a range of 3.5%-3.75%. It also subtly altered the wording of its statement suggesting greater uncertainty about when it might […]

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