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Differing Opinions on Federal Reserve Rate Cuts Ahead of US Presidential Election /
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2024-07-10 19:06:36

Differing Opinions on Federal Reserve Rate Cuts Ahead of US Presidential Election on Nostr: Federal Reserve Chair Powell Expresses Concerns About Slowing Job Market ...

Federal Reserve Chair Powell Expresses Concerns About Slowing Job Market
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#504cefd6 ver:1.57

Federal Reserve Chair Powell expresses concerns about slowing job market and signals potential rate cuts as economic data improves. Labor market shows worrying signs with revisions to previous months' data indicating a slowdown in job growth. Powell emphasizes the need to react to improving economic data and warns of risks if interest rates remain elevated. Market sees a 72% chance of a rate cut by September. Wall Street reacts positively to Powell's more dovish stance. #FederalReserve #JobMarket #RateCuts #EconomicData...

#newstr #UsEconomicSlowdown #LaborMarket #FederalReserve #InterestRates #UnemploymentRate #JobCreation #Wages #Inflation #RateCuts #Stocks

https://here.news/story/504cefd6?ver=1.57
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