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Fed Lowers Rates Again as Retailers Beg Americans to Quit Panic Buying

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In a rare moment Sunday afternoon, the Federal Reserve lowered interest rates and President Trump huddled with the CEOs of public firms, urging them to ensure their supply chains can meet consumer needs amid an unfolding pandemic. “Relax. We’re doing great. This will pass,” Trump said in a coronavirus press briefing Sunday afternoon. He said…

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