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Differing Opinions on Federal Reserve Rate Cuts Ahead of US Presidential Election /
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2024-07-02 15:02:01

Differing Opinions on Federal Reserve Rate Cuts Ahead of US Presidential Election on Nostr: US Federal Reserve Chair Powell Cautious on Rate Cuts, Requires More Data on Falling ...

US Federal Reserve Chair Powell Cautious on Rate Cuts, Requires More Data on Falling Inflation
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#504cefd6 ver:1.08

US Federal Reserve Chair Powell cautious on rate cuts, requires more data on falling inflation. Slowdown in inflation strengthens case for rate cut, but Powell emphasizes need for confidence in inflation levels. Timing of rate cut depends on upcoming employment and inflation reports. Some officials expect rate cut in Q4, while others remain wary. Speculation reignited by June ISM manufacturing data. Crucial factor is whether rate cut is reactive or proactive. Vigilance and close monitoring of inflation trends crucial for navigating economy effectively. #FederalReserve #Inflation #RateCut...

#newstr #FederalReserve #InterestRates #Inflation

https://here.news/story/504cefd6?ver=1.08
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