TechFlow News, April 24: U.S. Attorney for the District of Columbia, Matthew Graves, stated that the investigation into Federal Reserve Chair Jerome Powell regarding the cost of constructing the Fed’s new headquarters building would be halted. The Federal Reserve Inspector General has been directed to review the Fed’s expenditures. Graves added that, if necessary, he would not hesitate to restart the investigation into Chair Powell. Federal funds rate swaps indicate growing market expectations for interest rate cuts by the Fed this year. (Jinshi)
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