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Live updates: Bitcoin turns lower as rates rise, consumer confidence plunges
The Conference Board's Consumer Confidence Index fell to its lowest level in more than a decade in September, with expectations of continued weakening in business and labor market conditions.
“With the policy action we took at our September meeting, there is no need for urgency, and we have time to gather more information,” said Federal Reserve Bank of New York President John Williams on Tuesday afternoon.
His base case, he said, would be... [6466 chars]
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