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Powell warns against hasty rate cuts; Wall Street falls

Federal Reserve Chair Jerome Powell cautioned that cutting interest rates too quickly could undermine efforts to tame inflation, sending U.S. stock markets lower on Tuesday as investors recalibrated expectations for additional easing. Speaking at the Rhode Island Chamber of Commerce, Powell said, “If we lower rates too aggressively, inflation control could..

Trump warns at UN: “Illegal entry means jail or deportation”
U.S. President Donald Trump on Tuesday vowed tough measures against illegal immigration, declaring that anyone entering the country unlawfully would face i..

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