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The Federal Reserve meeting will assess the recent stock market recovery. Investors hope for interest rate cuts. Stocks recovered after President Trump's tariffs caused a slump. The Fed is expected to hold rates steady. Market anticipates potential rate cuts. Trump's tariffs and White House pressure influence the Fed's decisions. Corporate earnings have exceeded expectations.
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News and Media
The U.S. economy added 177,000 jobs in April, exceeding expectations, while the unemployment rate held steady at 4.2%. The data helped to assuage concerns of a economic slowdown following a Commerce Department report, showing a contraction in U.S. gross domestic product for the first time in three years, weighed down by a tariff-induced flood of imports.
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News and Media
This team would review and scrutinise external communications, including notices and reports from regulators, stock exchanges, and other stakeholders. It is also advising the bank on potential legal implications stemming from the audit reports submitted, sources said.
Category:
News and Media
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