Atlanta corporate lawyers said they weren’t expecting more work to come from the Federal Reserve’s biggest interest-rate cut in more than 20 years.
On Monday night the Fed lowered its benchmark interest rate to 3.5 percent from 4.25 percent in response to stock markets’ dropping around the world on fears the U.S. economy is heading into a recession. Fed policymakers are scheduled to meet next week and may enact another rate cut.
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