The Manila Times on Nostr: nostr:note1mgdrw4pgnglu860wyf08wn20hd684ueu5ttunfjwarnt86kjzq6segw2h5

quoting note1mgd…w2h5

US Federal Reserve Signals One Interest Rate Cut This Year
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#36b7da54 ver:0.71

The US Federal Reserve plans to cut interest rates only once this year, down from the previously expected three cuts. Inflation has slowed to 3.3%, but remains above the Fed's target of 2%. The central bank voted to keep rates unchanged at 5.25-5.5%. Analysts believe the Fed may backtrack on its decision and expect two rate cuts this year. #FederalReserve #InterestRates #Inflation #Economy...

#newstr #UsFederalReserve #InterestRateCut #Inflation

https://here.news/story/36b7da54?ver=0.71