Confounding US economic, inflation data muddy Fed’s rate path on Nostr: US Federal Reserve Faces Dilemma as Higher Inflation Persists =============== ...
US Federal Reserve Faces Dilemma as Higher Inflation Persists
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#2140b79c ver:1.05
The US Federal Reserve faces a dilemma as it keeps interest rates steady despite persistent high inflation. The decision reflects a shift from previous projections of rate reductions, potentially impacting President Biden's re-election bid. The Fed remains cautious about stagflation concerns and expresses optimism that inflation will decrease. The central bank also announces a slower pace of unwinding COVID-era policies. The Bank of England is expected to maintain borrowing costs, while the European Central Bank may consider rate cuts. Economist Darrell Spence suggests the absence of a rate cut reflects a strong US economy and encourages investment in equities and fixed income. #FederalReserve #Inflation #InterestRates...
#newstr #UsFederalReserve #InterestRates #Inflation #UsEconomy #FinancialMarkets #CapitalGroup
https://here.news/story/2140b79c?ver=1.05
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#2140b79c ver:1.05
The US Federal Reserve faces a dilemma as it keeps interest rates steady despite persistent high inflation. The decision reflects a shift from previous projections of rate reductions, potentially impacting President Biden's re-election bid. The Fed remains cautious about stagflation concerns and expresses optimism that inflation will decrease. The central bank also announces a slower pace of unwinding COVID-era policies. The Bank of England is expected to maintain borrowing costs, while the European Central Bank may consider rate cuts. Economist Darrell Spence suggests the absence of a rate cut reflects a strong US economy and encourages investment in equities and fixed income. #FederalReserve #Inflation #InterestRates...
#newstr #UsFederalReserve #InterestRates #Inflation #UsEconomy #FinancialMarkets #CapitalGroup
https://here.news/story/2140b79c?ver=1.05