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The Federal Reserve lowered its benchmark overnight borrowing rate by a quarter percentage point, or 25 basis points, to a target range of 4.50%-4.75%. The vote was unanimous. | CNBC
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The Federal Reserve on Wednesday cut the benchmark overnight lending rate by 0.25%, or 25 basis points, putting the benchmark rate in the range of 4.00% to 4.25%. In its statement, the Fed acknowledged slight increases in the unemployment rate and a “shift” in the balance of risks in labor and inflation. Read more: cnb.cx/4mnkpw2 | CNBC
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BREAKING OVERNIGHT: Federal police officers arrest several Antifa militants outside the ICE facility in Portland. Officers issued multiple warnings to leave the driveway so vehicles could exit. Antifa defied the orders, resulting in arrests. | Angel Families
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BREAKING OVERNIGHT: Federal prosecutors are seeking information on donors of Pres. Trump's Inauguration. gma.abc/2t7Jl2E | Good Morning America
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BREAKING OVERNIGHT: Federal prosecutors are launching a criminal investigation into the Chairman of the Federal Reserve Jerome Powell, an extraordinary move escalating the showdown between the Trump administration and the independent agency that oversees the economy. ABC’s Alison Kosik reports on how Powell is responding. | World News Now
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