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Differing Opinions on Federal Reserve Rate Cuts Ahead of US Presidential Election /
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2024-06-18 18:02:07

Differing Opinions on Federal Reserve Rate Cuts Ahead of US Presidential Election on Nostr: Federal Reserve Officials Express Cautious Optimism About Inflation and Economic ...

Federal Reserve Officials Express Cautious Optimism About Inflation and Economic Conditions
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#504cefd6 ver:0.97

Federal Reserve officials express cautious optimism about inflation and economic conditions. Governor Kugler believes recent data shows consumers becoming more price sensitive and businesses having less flexibility to pass on price increases, aligning with the Fed's inflation target. She expects slowing wage growth and easing labor market conditions to help bring inflation back in line. St. Louis Fed President Musalem wants to see more data before considering an interest rate cut, but expects further cooling in the labor market. #FederalReserve #inflation #economy...

#newstr #FederalReserve #InterestRateCut #Inflation #MonetaryPolicy #LaborMarket #RetailSales

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