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"When the route is unsure, you go somewhat slower," Powell explained. It's "not as opposed to driving over a foggy night or going for walks into a darkish place packed with household furniture. You only slow down."
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“The Fed’s task is quite easy, optimize employment, stabilize charges and keep economic steadiness. That’s what we’re gonna do,” the central bank official said for the duration of an interview on CNBC’s “Squawk Box” plan.
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Trump announced on Friday that he designs to introduce reciprocal tariffs by Monday or Tuesday, escalating tensions in world-wide trade. His move aims to impose tariffs on imports equal for the prices investing companions apply to U.S. exports, incorporating uncertainty to global markets.
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