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Powell Hints Fed Is Done With Hikes in Pivot Cheered by Markets

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Federal Reserve Chair Jerome Powell hinted the US central bank may now be finished with the most aggressive tightening cycle in four decades after it held off on raising interest rates for a second consecutive policy meeting.

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Federal Reserve leaves its key rate unchanged but keeps open possibility of a future hikeU.S. job openings unexpectedly rise a second month to 9.6 million'Absolutely not': No more carve-outs when it comes to carbon pricing, Trudeau saysCanada may have entered a technical recession, early StatCan data showFiscal and monetary policy rowing in opposite directions, Macklem saysMortgage payment shocks pose risks to Canadian banks: RBC​The Daily Chase: Air Canada earnings; Stellantis, St.

 

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