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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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Gold and Copper Lead Metals Rally, Dollar Weakens: Markets Wrap Bloomberg.cominvestingLive European FX news wrap: Yen spikes again, gold and silver recoup losses investingLiveCurrency Intervention Hits the US Dollar While Precious Metals Lead Markets Investing.comYen Surges And Gold Soars Amid Market Upheaval Evrim Agaci
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Gold nears $5,600/oz as investors seek safety, silver eyes $120 ReutersGold Hits New High, Oil Rises as Iran Tensions Rekindle The Wall Street JournalGold and silver keep hitting record highs. But is the precious metals market 'broken'? CNBCGold's Record Rally Extends, Dollar Pares Gains: Markets Wrap BloombergWhat is driving gold's relentless rally? The Economist
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Chair Jay Powell says robust growth and steadying jobs market show borrowing costs are not ‘restrictive'
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The Federal Reserve wrapped up a two-day policy meeting Wednesday, delivering pretty much what the market expected.
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