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LIVE BLOG: Updates on Hurricane Milton

Fed Expected to Cut Another Key Interest Rate

The Federal Reserve meets Tuesday to decide whether to lower a key interest rate. Over the weekend, the central bank approved a cut in its emergency lending rate to financial institutions and became a lender of last resort for investment houses to begin securing short-term emergency loans.

Renee Montagne talks with David Wessel of the Wall Street Journal about the Fed's recent actions.

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