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AP: Trump Elected 47th President of the United States

According to the Associated Press, Trump was elected the 47th president of the United States.

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Markets have slightly scaled back expectations of how much the Fed will cut rates this year, and now expect to cut rates by 41 basis points at its November and December meetings.

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The US media forecasts that Trump will receive 277 electoral votes temporarily, and Harris will receive 224 votes temporarily

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