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Top Manufacturing Dive News
Federal Reserve · United StatesA Federal Reserve split over where its priorities should lie lowered its key interest rate Wednesday, but signaled a tougher road ahead for further reductions. Fulfilling expectations of a “hawkish cut,” the central bank’s Federal Open Market Committee cut its key overnight borrowing rate by a quarter percentage point, putting it in a range between 3.5%-3.75%.See the Story
Divided Fed approves third rate cut this year, sees slower pace ahead
46% Center coverage: 178 sources
Tariffs · United StatesThe US has agreed to spare the UK from threatened trade tariffs on pharmaceutical products. The announcement was made following months of uncertainty over whether exports from the UK, and elsewhere across Europe, would be subject to steep charges.See the Story
US and UK agree zero-tariffs on pharmaceuticals
51% Center coverage: 72 sources
