US Fed likely to cut rates a 2nd time

By Martin Crutsinger
Updated September 18 2019 - 2:43pm, first published 2:40pm
US Federal Reserve Chairman Jerome Powell is poised to cut interest rates a second time.
US Federal Reserve Chairman Jerome Powell is poised to cut interest rates a second time.

The US Federal Reserve looks poised to cut interest rates for a second time on Wednesday to help extend the economic expansion in the face of global weakness, President Donald Trump's trade war with China and geopolitical risks such as the attacks on Saudi Arabia's oil facilities.

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