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Jerome Powell, Federal Reserve Chair, indicated a careful strategy for upcoming interest rate reductions. This contrasts with other Fed officials advocating for quicker action. Stephen Miran suggested a significant rate cut. Michelle Bowman also supported faster cuts due to cooling inflation and a weakening job market. Other Fed officials, like Austan Goolsbee, urged caution, citing inflation above the 2% target.
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News and Media
Epack Prefab Technologies garnered Rs 151 crore from anchor investors, including Whiteoak Capital and Morgan Stanley Asia, prior to its Rs 504-crore IPO opening on September 24. The company finalized the allocation of 74.11 lakh shares at Rs 204 per share. Proceeds from the IPO will fund manufacturing expansion and debt repayment.
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News and Media
From the unproven medical claims to the self-proclaimed expertise, anyone watching Donald Trump's autism announcements Monday could have been forgiven for having flashbacks. During his second term, Trump's pick of Kennedy as his health secretary has brought once fringe medical ideas into the heart of the government.
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News and Media
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