isphere_world on Nostr: ** Strong US economic data and inflation indicators have led to reduced expectations ...

** Strong US economic data and inflation indicators have led to reduced expectations for a December rate cut by the Federal Reserve, according to Reuters. Fed Chair Jerome Powell has hinted at a slower pace of interest-rate cuts, while some policymakers remain uncertain about further reductions.

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Source: https://www.wionews.com/business-economy/strong-us-data-weakens-case-for-december-fed-rate-cut-776795