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Dollar Rises With December Fed Cut Now in Doubt: Markets Wrap [Yahoo! Finance]
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Most Read from Bloomberg Under Trump, Prepare for New US Transportation Priorities Zimbabwe City of 700,000 at Risk of Running Dry by Year-End Saudi Neom Gets $3 Billion Loan Guarantee From Italy Export Credit Agency Sace The Urban-Rural Divide Over Highway Expansion and Emissions Japanese, Australian and Hong Kong equity futures all rose. Contracts for Tokyo benchmarks were supported by further weakness in the yen as an index of greenback strength advanced for a fifth day on Thursday. The action was driven by further signs of resilience in the US economy and comments from Fed Chair Jerome Powell that the central bank will be in no rush to cut interest rates. Powell's comments appear in line with some of his other colleagues who are advocating a go-slow approach to future rate reductions. US two-year yields, which are more sensitive to monetary policy, spiked after the remarks and traders dialed back bets on a December rate reduction to below 60% — from 80% in the previ
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- The world's biggest battery maker says Elon Musk's 4680 cell ‘is going to fail' [Verge, The][Verge, The]
- SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Tesla, Inc. - TSLA[Accesswire]
- ‘Keys To The White House' Guru Allan Lichtman: This Is What Went Wrong Predicting Harris Would Beat Trump [Forbes][Forbes]
- Why Musk supports Trump getting rid of EV tax credits [Business Insider][Business Insider]
- Tesla and Other EV Stocks Drop on Reports Trump Team Plans To Kill Tax Credit [Yahoo! Finance][Yahoo! Finance]
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