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Trump's pressure was of no use, The Federal Reserve (FED) announced its interest rate decision, continuing to hold steady. China made a decisive move, once again reducing its holdings of $8.2 billion in U.S. bonds.


Despite being summoned to the White House for a "talking to" more than half a month ago, where he was publicly criticized for not lowering interest rates as a "mistake," Federal Reserve Chairman Powell still stood firm during the latest round of Federal Reserve monetary policy meetings held in the early hours of June 19, announcing that the target range for the federal funds rate would remain unchanged at 4.25%-4.50%.
#鲍威尔发言#
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