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The American federal reserve maintained its reference rate of reference to a current range of 4.25% to 4.50%, as it expects slower growth, higher inflation and slightly higher unemployment by the end of the year it predicted before. This decision was widely expected, notably by Donald Trump, who nevertheless insulted the president of the Fed, Jerome Powell. In addition, Nippon Steel completed his takeover of the US Steel after agreeing to let the US government have significant control in commercial decisions.
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