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Confounding US economic, inflation data muddy Fed’s rate path /
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2024-05-01 04:01:25

Confounding US economic, inflation data muddy Fed’s rate path on Nostr: US Federal Reserve Signals Delay of Interest Rate Cuts After Higher-Than-Expected ...

US Federal Reserve Signals Delay of Interest Rate Cuts After Higher-Than-Expected Inflation
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#2140b79c ver:0.41

The US Federal Reserve is expected to keep interest rates steady and delay rate cuts due to higher-than-expected inflation and mixed economic signals. Inflation remains above 2%, leading to no rate cut at this meeting. Economic growth is slowing, but hiring is picking up. The Fed's decision-making process is influenced by factors such as inflation, employment statistics, and global economic developments. The Fed seeks to maintain inflation at or below its target rate of 2%. The decision is unlikely to have a meaningful impact on the markets. #FederalReserve #InterestRates #Inflation #EconomicGrowth...

#newstr #UsFederalReserve #JeromePowell #InterestRates #Inflation #EconomicOutlook #BalanceSheetRunoff

https://here.news/story/2140b79c?ver=0.41
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