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    <title>Fed can wait to reduce interest rates as Trump demands cuts: Powell</title>
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    <description>The Federal Reserve will adopt a wait-and-see approach to reducing its policy interest rate, waiting for summer economic evidence before considering cuts and emphasising monetary policy independence. Fed policymakers are divided on timing of reductions, with some projecting none this year and others anticipating cuts, while comments note tariff risks to inflation alongside recent cooling in consumer price measures.</description>
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