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Federal Reserve chief Jerome Powell said Wednesday that the U.S. jobs market seems to have stabilized after a big letdown last year, justifying a decision to leave interest rates unchanged. The latest jobless-claims report appears to support his claim.
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President Trump has been pressing the Federal Reserve to cut interest rates more aggressively, but the central bank voted to hold rates steady for now, as it tries to bring down inflation.
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Live updates: Minneapolis residents challenge local and state leaders at CNN town hall CNNFrey, other local leaders to appear in CNN town hall with Anderson Cooper, Sara Sidner kare11.comMinnesota elected officials talk immigration crackdown at CNN town hall Star TribuneTakeaways from CNN's Minnesota town hall channel3000.com
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Judge Orders Release of Minnesota Refugees Targeted in ICE Crackdown The New York TimesJudge blocks Trump officials from detaining refugees in Minnesota The GuardianFederal judge bars Trump administration from detaining lawful refugees in Minnesota CBS NewsMinneapolis shooting live updates: Judge bars arrests of lawful refugees in Minnesota 6abc.comICE is ‘h
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The Trump administration has unleashed a barrage of attacks on the Federal Reserve, including a criminal investigation into its chair, Jerome H. Powell.
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