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Shares of Super Micro fall, though the company itself was not named in the federal indictment that charged Wally Liaw and two others
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Jerome H. Powell, the chair of the Federal Reserve, emphasized the high degree of uncertainty stemming from the conflict as he acknowledged the potential for surging energy prices to lift inflation and dent growth.
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The central bank's so-called dot plot showed a median estimate of 3.4% for the federal funds rate, the same as at the end of last year.
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Most officials at the U.S. central bank still expect at least one quarter-point cut to interest rates this year.
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