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Setting rates is sometimes more art than science, especially when the economy keeps defying predictions. Fed officials are ...
But just because the S&P 500 and Nasdaq Composite have hit new highs doesn't mean Wall Street's biggest showdown -- Donald Trump vs. Federal Reserve Chair Jerome Powell -- is taking a back seat.
The July jobs report goes a long way toward providing the evidence of a weaker labor market that the Fed needs to justify cutting interest rates in the face of above-target inflation,” said Brian Rose ...
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