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Sep 1, 2025
Fed's Daly: Policymakers will be ready to lower interest rates soon
Federal Reserve (Fed) Bank of San Francisco President Mary Daly said that policymakers will be ready to cut the interest rates soon, adding that inflation stemming from tariffs will likely prove temporary, Bloomberg reported on Sunday.
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Sep 1, 2025
US appeals court rules Trump's global tariffs are largely illegal
On Friday, the US Court of Appeals for the Federal Circuit upheld a ruling that the sweeping tariffs the US President Donald Trump unilaterally imposed on most other countries were illegal, CNN reported.
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