Fed Chair Jerome Powell said it's"unlikely" the central bank's next move will be a rate hike.Watch NBC Chicago local news and weather for free 24/7that the central bank's next move would be a rate hike . The markets initially responded positively to that news, but it didn't last. Therallied more than 530 points at its session high, but ended up closing the day only 87.37 points, or 0.23%, higher. Thejumped more than 1.
"Further progress in bringing it down is not assured and the path forward is uncertain."Feeling out of the loop? We'll catch you up on the Chicago news you need to know. Sign up for the weeklyon April 25, CNBC's Jennifer Elias reported. The Core team is the unit responsible for building the technical foundation behind the company's flagship products, and it also protects users' safety online. Some roles will move to India and Mexico as part of the reorganization.
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