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Federal Reserve Bostic: It is expected to cut interest rates by 25 basis points this year on the basis of 50 basis points in September

I (dot plot) expect to cut rates by another 25 basis points this year, on top of the 50 basis points cut in September.

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Morning News List of important developments overnight on October 16

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Venture capitalists Marc Andreessen and Ben Horowitz donate $5 million to Trump PAC

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