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Asked whether interest rate cuts were discussed, Waller said "there is only one proposal on the table."Golden Ten Data reported on June 18 that, when asked whether Federal Reserve officials discussed any rate cuts during the meeting ending Wednesday, Federal Reserve Chairman Walsh gave a very clear answer: "There was only one proposal on the table, no other proposals were discussed." He stated, "For us, there was only one core issue, and officials engaged in intense internal discussions around this topic (similar to a family-style debate)." However, he also pointed out that after thorough discussions, the officials ultimately reached consensus. The Federal Reserve decided to keep the interest rate unchanged in the range of 3.5% to 3.75%, and this decision was ultimately unanimously approved.
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Bloomberg Dollar Index records biggest intraday gain since March 13Bloomberg Dollar Index rose by 0.69% to 1,213.65 points, with an intraday trading range of 1,204.47–1,213.83 points.
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The relevant committee of the U.S. House of Representatives plans to hold a hearing on June 24 to focus on topics such as the changes in the overall competitive landscape of the U.S. aviation industry and the impact on market competition following Spirit Airlines' bankruptcy filing.This hearing will focus on the potential chain reactions in the aviation market caused by the bankruptcy of Spirit Airlines, including changes in airline market share, ticket price fluctuations, the survival space for small and medium-sized carriers, as well as issues closely related to consumer rights and the healthy development of the industry. Relevant regulatory authorities, aviation industry practitioners, and industry researchers are expected to attend and share their views and targeted recommendations on these issues.
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