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US business 'optimistic' about interest rates cuts: Fed
US business 'optimistic' about interest rates cuts: Fed
Economy
by  AFP

US businesses say they are "optimistic" about the prospect of falling interest rates, even as economic conditions have remained largely unchanged in recent weeks, the Federal Reserve said Wednesday. In past weeks, businesses have sounded optimistic about the likelihood of lower rates in the months to come, the Fed announced in its regular update of economic conditions known as the "beige book."