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Hot Moments: FED Chair Jerome Powell Speaks – Here’s the LIVE Updates

Federal Reserve Chairman Jerome Powell recently delivered a speech at the National Association for Business Economics Conference. The main focus of interest was whether the next rate cut by the Fed would be 25 or 50 basis points. Powell clarified that the previous rate cut of 50 basis points should not be seen as the new norm for future cuts. The article concludes by stating that this information does not serve as investment advice.

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