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A US court has ruled that Federal Reserve board governor Lisa Cook can stay in her job in spite of the president’s attempts to fire her, meaning she should be able to attend the central bank’s September meeting. Meanwhile, Trump appointee Stephen Miran has been confirmed by the Senate to fill a vacant seat on the board. Investors are predicting the Fed will cut interest rates by 0.25 basis points on Wednesday. Also in this edition, we report on how protests in Nepal could threaten the country’s vital tourism sector.
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Oil prices steady as Iran war continues
Oil prices have steadied for the first time since the US and Israel launched strikes on Iran. But concerns about...
