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Fed holds rates steady, China proposes China-US-Xi Ukraine summit

The Federal Reserve left rates at a three-and-three-quarter percent range and signaled two cuts in 2026, holding steady until inflation is sustainably at target. China's top diplomat confirmed joint U.S.-China efforts to push Ukraine peace talks, while Putin proposed a three-way summit with Trump and Xi. Plus new U.S. export rules on AI chips to China and a small study on blueberry powder reducing depressive symptoms in older adults.

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