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Fed says more ‘confidence’ needed on inflation front before rate cuts can start
The Federal Reserve left interest rates unchanged on Wednesday but took a major step towards lowering them in coming months.
The Federal Reserve left interest rates unchanged on Wednesday but took a major step towards lowering them in coming months.
U.S. stocks closed lower on Wednesday after an abrupt mid-afternoon nosedive ended Wall Street’s impressive rally.
The number of Americans filing new claims for unemployment benefits increased to a three-month high last week.