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- Fed Cuts by Three-Quarter Point, Fed Cuts by Three-Quarter Point, Suggests More Reductions Likely By GREG IP, BRIAN BLACKSTONE and HENRY The Fed's policy-making Federal Open Market Committee voted 8-2 to cut its short-term interest rate target
- Dollar Declines as U.S. Factory Index Suggests Slower Growth after a gauge of U.S. manufacturing fell last month, boosting speculation Federal Reserve interest- rate Traders added to bets the Fed will raise rates only once more this year in the face of record energy
- Treasuries Rise as Manufacturing Index Falls More Than Forecast Treasuries Rise as Manufacturing Index Falls More Than Forecast Aug. 31 (Bloomberg) -- U.S. Traders removed bets the Federal Reserve will raise its interest-rate target to 4.25 percent this year
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