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    <title>Federal Reserve cuts key rate by quarter-point, signals two more cuts this year</title>
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    <description>The Federal Reserve cut its key short-term rate by a quarter-point and projected further reductions, shifting emphasis from inflation toward a softer labour market and signalling two additional cuts this year and one next year; one policymaker dissented. These policy actions occurred alongside legal and governance friction: an attempted removal of a governor was challenged and an appellate court upheld that the removal violated due process rights, while a new appointee was quickly confirmed and sworn in, reflecting tensions for central bank independence.</description>
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