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Euro Area Growth Expected to Rebound in 2024 Despite Tight Monetary Policy /
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2024-07-10 19:03:56

Euro Area Growth Expected to Rebound in 2024 Despite Tight Monetary Policy on Nostr: Federal Reserve Chair Emphasizes Data-Driven Rate Decisions Amid Political Pressures ...

Federal Reserve Chair Emphasizes Data-Driven Rate Decisions Amid Political Pressures
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#36b7da54 ver:0.92

Federal Reserve Chair Jerome Powell emphasizes data-driven rate decisions amid political pressures. The Fed maintains interest rates at 5.25-5.5% for the seventh consecutive meeting, citing the need for sustainable progress towards the 2% inflation target. Powell warns against leaving rates high for too long, as it could threaten the economy. The Fed's decision to hold rates steady provides hope, but markets still anticipate rate cuts in the future. #FederalReserve #InterestRates #Inflation #Economy...

#newstr #FederalReserve #JeromePowell #InterestRates #EconomicOutlook #PoliticalInfluence #PriceStability #FullEmployment #Inflation #HouseFinancialServicesCommittee #PresidentialElection

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