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Fed Signals One Rate Cut This Year, But Keeps Door Open to Two

Fed Signals One Rate Cut This Year, But Keeps Door Open to Two
bnnbloomberg.ca - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bnnbloomberg.ca Daily Mail and Mail on Sunday newspapers.

Weaver elected to Nationwide Mutual Insurance Co Board of Directors

Des Moines City Hall to be emptied What will become of the historic building?

Powell Keeps Rate Cuts on Table But Leaves Timing Less Certain

Powell Keeps Rate Cuts on Table But Leaves Timing Less Certain
bnnbloomberg.ca - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bnnbloomberg.ca Daily Mail and Mail on Sunday newspapers.

Powell Keeps Rate Cuts on Table But Leaves Timing Less Certain

(Bloomberg) Federal Reserve Chair Jerome Powell kept hopes alive for an interest-rate cut this year while acknowledging that a burst of inflation has reduced policymakers’ confidence that price pressures are ebbing.Most Read from BloombergUS and Saudis Near Defense Pact Meant to Reshape Middle EastTesla Axes Supercharger Team in Blow to Broader EV MarketNYPD Arrests Over 300 Protesters in Crackdown on College CampusesThe Ozempic Effect: How a Weight Loss Wonder Drug Gobbled Up an Entire Econo

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