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Bank of America expects the Fed to cut interest rates by 25 basis points at each of its next five meetings

Bank of America expects the Fed to cut interest rates by 25 basis points at each of its next five meetings.

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Informed sources: Biden aides are studying U.S. sovereign wealth fund proposals

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WTI crude oil futures settled down $1.48, or 2.14 percent, to $67.67 a barrel, the lowest since June 2023.

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