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Although the Federal Reserve attempted to deliver a balanced message by announcing the slowdown of Quantitative Tightening (QT) starting in June and rejecting the likelihood of imminent rate cuts, the overall tone was perceived as dovish by markets. This perception stems from the decision to lower the monthly QT cap to $25 billion, rather than by $30 ...
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Working natural gas in storage across the United States increased by 59 billion cubic feet in the week ending April 26 compared to the previous seven-day period to reach 2,484 billion cubic feet, the Energy Information Administration (EIA) said in its report released on Thursday. On an annual level, the figure advanced by 436 billion cubic feet. ...
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