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September 01, 2020 10:27am
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Dow set to edge lower as Wall Street weighs Fed’s monetary policy path

U.S. stocks on Thursday are poised to slip as Wall Street digests the second successive interest rate cut of 2019 by the Federal Reserve that is intended to forestall sluggish global economic growth and harmful trade clashes. However, the central bank failed to signal a commitment to further interest-rate reductions.
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