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Federal Reserve Chair Jerome Powell on Wednesday suggested in testimony to the House Financial Services Committee that the central bank could cut interest rates soon to boost the economy. The economy is strong, especially the job market, but President Trump's trade war with China and signs of a global slowdown could threaten America's record-long economic expansion, Powell told lawmakers, indicating the Fed might cut rates in late July. Powell's comments sent U.S. stocks rising, with... Читать дальше...