Federal Reserve policymakers cut interest rates for the third straight meeting on Wednesday while signaling there may be only one cut next year as rates get closer to a neutral level.The Fed lowered the benchmark federal funds rate by 25 basis points to a range of 3.5% to 3.75%, and its announcement was accompanied by a summary of economic projections – commonly known as the "dot plot" – that includes policymakers' forecasts for the labor market and inflation, as well as the outlook for interest rate cuts. It showed that Fed policymakers' median projection for the federal funds rate is in the...

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