Fed cuts key interest rate a quarter point amid cooling inflation

Just as the pace of consumer price increases has meaningfully slowed down, questions about the impact from #Trump's economic proposals have begun to loom.
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Fed cuts key interest rate a quarter-point but signals ongoing concerns about inflation

The Federal Reserve announced Thursday it was lowering its key interest rate by a quarter-point — a widely expected move that coincides with inflation approaching the central bank's 2% goal.

^{Rob Wile (NBC News)}