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Tracking the Global Ripples of the Fed's Rate Cut

Aug 2, 2019 | 09:00 GMT
This image shows Jerome Powell, chairman of the U.S. Federal Reserve, delivering news about the central bank's decision to cut its benchmark interest rate.

At a news conference on July 31, 2019, U.S. Federal Reserve Chairman Jerome Powell explains the reasoning behind the central bank's decision to lower interest rates for the first time since the 2008 global financial crisis.

(LIU JIE/Xinhua via Getty Images)

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