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Powell: Federal Reserve on track to cut rates this year

CHAIRMAN JEROME POWELL said in an interview broadcast Sunday night that the Federal Reserve remains on track to cut interest rates three times this year, a move that’s expected to begin as early as May. / ASSOCIATED PRESS FILE PHOTO / ALEX BRANDON

WASHINGTON (AP) – Chairman Jerome Powell said in an interview broadcast Sunday night that the Federal Reserve remains on track to cut interest rates three times this year, a move that’s expected to begin as early as May.  Powell, in an interview recorded Thursday for the CBS news program “60 Minutes,” also said the nation’s

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