> US Fed rate cut is 'moment of progress': White House / 36GM2R2
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US Fed rate cut is 'moment of progress': White House / 36GM2R2
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The US Federal Reserve's decision to lower interest rates is a "moment of progress," says White House Press Secretary Karine Jean-Pierre. "I think what's important here is that it's a moment of progress. I think that's how we see this and also a recognition of how far we have come", she tells reporters during a briefing in Washington, DC. SOUNDBITE