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Federal Reserve Chairperson Jerome Powell: We are at a stage where we can cut interest rates or maintain the current significantly tighter policy stance.

Federal Reserve Chairperson Jerome Powell: We are at a stage where we can cut interest rates or maintain the current significantly tighter policy stance.

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Federal Reserve Chairperson Jerome Powell: (When asked if the Federal Reserve will cut interest rates in May) We are not in a hurry to cut interest rates.

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Spot gold broke through $3,050/ounce, setting a new record high and rising 0.54% in the day.

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