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Jul 29, 2019

What a rate cut means (and doesn’t mean)

The Federal Reserve is widely expected to cut interest rates for the first time since 2008. Does that mean a recession’s on the horizon? Plus: the fight over who gets to sell cancer drugs and the uncomfortable feelings that can happen when your parents control your money.

A view of the Federal Reserve building in Washington, D.C.
A view of the Federal Reserve building in Washington, D.C.
Photo by Brendan Smialowski / AFP

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