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The Federal Reserve chairman is testifying before Congress this week about challenges the economy faces. Stocks rallied in anticipation the central bank will lower interest rates later this month.
The Federal Reserve left interest rates unchanged Wednesday and signaled that no more rate hikes may be necessary this year amid signs of economic slowing.
The U.S. Federal Reserve is raising the benchmark borrowing rate to a range of 2.25 percent and 2.50 percent, a move that would put it at the highest level in a decade