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Fed holds rates steady, flagging 'lack of progress' on inflation

Fed chairman Jerome Powell said inflation is still too high adding that further progress in bringing it down is not assured ....

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ECB and US 'higher for longer' rates mantra will test markets

Jerome Powell said the Fed would raise rates further if appropriate, while Christine Lagarde held back from saying IF the ECB should lift interest rates for a 10th time ....

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Oliver Mangan: Markets predict 'soft landing' for US economy

US stock market indices have risen, core inflation rates have dropped and unemployment is at a 50-year low ....

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