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mertenschulz519
@mertenschulz519
The Fed is stressed out about the presidential election A version of this story first appeared in CNN Business’ Before the Bell newsletter. Not a subscriber? You can sign up right here. You can listen to an audio version of the newsletter by clicking the same link. New York (CNN) - Federal Reserve Chair Jerome Powell sent investors mixed messages on Tuesday during his semiannual testimony to Congress. Speaking before Congress, he said that the central bank doesn’t expect to cut interest rates “until we have gained greater confidence that inflation is moving sustainably toward 2%.”
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