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NEW YORK, Oct. 19 (Xinhua) -- The U.S. dollar lost in late trading on Thursday, after Federal Reserve Chair Jerome Powell said the U.S. central bank would be "proceeding carefully" on further interest rate hikes.
Wall Street's main indexes rose on Thursday after Federal Reserve Chair Jerome Powell said the U.S. central bank would be proceeding carefully on further interest rate hikes. Megacap...
The costs of pulling inflation down to 2% have invited calls for the Fed to aim for a more realistic goal fit for the current moment: a higher inflation target.