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Confounding US economic, inflation data muddy Fed’s rate path /
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2024-05-02 02:55:11

Confounding US economic, inflation data muddy Fed’s rate path on Nostr: US Federal Reserve Leaves Rates Unchanged, Flags 'Lack of Further Progress' on ...

US Federal Reserve Leaves Rates Unchanged, Flags 'Lack of Further Progress' on Inflation
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#2140b79c ver:0.91

The US Federal Reserve keeps interest rates unchanged for the sixth consecutive meeting, citing a lack of progress on inflation. The decision reflects a cautious approach and a focus on ensuring inflation reaches the 2% target before considering rate cuts. The Fed also plans to slow the pace of its balance-sheet reduction program. Higher interest rates may impact borrowing costs and investment returns. The Fed's decision will be closely watched and has broader implications for the global economy. #FederalReserve #interestrates #inflation #economy...

#newstr #UsFederalReserve #InterestRates #Inflation #Economy

https://here.news/story/2140b79c?ver=0.91
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