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US trade policies may prompt Fed to cut rates, banks say

Monday, June 3, 2019   (0 Comments)
Posted by: Amanda Averch
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Major banks say US trade policies will weaken the economy enough to force the Federal Reserve to cut interest rates. The two-year Treasury yield fell 14 basis points Friday to 1.92% after President Donald Trump threatened tariffs on Mexican goods if the country does not help curb illegal immigration to the US.

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