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Differing Opinions on Federal Reserve Rate Cuts Ahead of US Presidential Election /
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2024-07-10 18:02:45

Differing Opinions on Federal Reserve Rate Cuts Ahead of US Presidential Election on Nostr: US Federal Reserve Chair Powell Signals Potential Rate Cuts as Job Market Cools ...

US Federal Reserve Chair Powell Signals Potential Rate Cuts as Job Market Cools
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#504cefd6 ver:1.56

US Federal Reserve Chair Powell signals potential rate cuts as job market cools. Labor market shows signs of slowdown with revisions to previous months' data and increase in unemployment rate. Powell emphasizes the importance of reacting to improving economic data and suggests that continued positive data could reinforce expectations for rate cuts. Market sees a 72% chance of a rate cut by September. Investors closely watching inflation data and Fed's response for maintaining market confidence and economic stability. #Fed #economy #jobmarket #interestrates...

#newstr #UsEconomy #FederalReserve #InterestRates #JobMarket #Inflation #RateCuts #Stocks #MarketReactions

https://here.news/story/504cefd6?ver=1.56
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