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UNI Photo

WASHINGTON, D.C., June 13, 2024 (UNI/Xinhua) -- U.S. Federal Reserve Chair Jerome Powell attends a press conference in Washington, D.C., the United States, on June 12, 2024. The U.S. Federal Reserve kept interest rates in place on Wednesday and predicted one rate cut later this year, as the latest consumer price data shows that inflation seems to be cooling. TO GO WITH "Economic Watch: U.S. Fed holds rates in place, predicts one cut this year"UNI PHOTO-8F