Powell says president removing Fed chairman 'not permitted under the law.' FOMC cuts rates by 25 basis points as expected.
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Inflation in the U.S. has retreated on a similar track, and the broad expectation is that the Federal Reserve will cut its rate by another quarter-point later Thursday. Much of Wall Street's run ...
Stocks hit fresh all-time highs and Treasury yields fell alongside the dollar, with Jerome Powell saying the economy is ...
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