The Manila Times on Nostr: nostr:note1dw7jjwmtvk7qe3z33j0zxrc648jvd3e403k7k0uun3lp24yc649qjhqwpn

quoting note1dw7…qwpn

The Federal Reserve's Reluctance to Lower Interest Rates Amid Inflation Concerns
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#f9660aca ver:0.33

The Federal Reserve is hesitant to lower interest rates due to concerns about inflation. Despite previous projections of rate reductions, the Fed now only expects one rate cut in November. Officials want to ensure that inflation is under control before considering further cuts. Higher borrowing costs have not had as much impact as expected, and Americans are not spending more on interest payments. The Fed aims to bring down inflation without pushing the economy further. Investors have lowered expectations for rate cuts this year. #FederalReserve #InflationConcerns...

#newstr #FederalReserve #InterestRates #Inflation #AlanGreenspan

https://here.news/story/f9660aca?ver=0.33