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Chair Jerome Powell still expects two rate cuts this year, amid “remarkably high” tariff uncertainty. Plus: Tesla shares rise after Cantor Fitzgerald raises its stock rating. And shares in some pharmaceutical companies fall after WSJ report that the Trump administration is considering drastic cuts to domestic HIV prevention. Danny Lewis hosts. Sign up for the WSJ's free What's News newsletter. Learn more about your ad choices. Visit megaphone.fm/adchoices
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