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Declaration sent stock prices tumbling immediately

Cut approved 8-2, with two dissenting votes calling for a hold

Three things to watch for from the Federal Reserve on Wednesday

But home prices rose at a slower pace in May

Consumer spending accelerated to 4.3%

Home prices have increased faster than income for 7 years

Fund predicts 2.6% growth in U.S., 1.5% in Canada

Experts weigh in on what to expect

Consumer confidence remains high in spite of economic uncertainties

Growth hit a 26-year low in Q2