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China's central bank raises interest rates after Fed rise

Beijing is trying to stop money from moving out of the country in search of stronger returns.

The feedlot cattle trade was several dollars lower in most areas.

As Jerome Powell prepares to take over the Federal Reserve, is the era of central bank independence ending?

At every key moment in US economic history, the chair of the Federal Reserve has set the pace.

The feedlot cattle trade was a couple dollars higher in some areas with higher volumes in formula and cash sales.

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