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Bond Traders Await CPI Data to Determine Market's Fate /
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2024-06-13 04:00:40

Bond Traders Await CPI Data to Determine Market's Fate on Nostr: US Federal Reserve Delays Rate Cuts, Impacting US and Global Economy =============== ...

US Federal Reserve Delays Rate Cuts, Impacting US and Global Economy
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#2f332139 ver:0.58

The US Federal Reserve's delay in rate cuts impacts borrowing costs, making loans for homes and cars more expensive. Inflation is driven by housing shortages, commodity prices, and car insurance premiums. The Fed wants more evidence of inflation reaching its target. While a single rate cut is projected, eight committee members believe there will be two cuts. Other central banks have already cut rates, shifting focus to the impact of high rates on economic growth. The delay keeps the US dollar strong, making it tougher for developing economies. Some say there's a chance of no rate cuts this year. #Fed #economy #inflation #interestrates...

#newstr #UsFederalReserve #RateCuts #Inflation #BorrowingCosts #HousingShortage #CommodityPrices #CarInsurancePremiums #GlobalEconomy #DevelopingEconomies

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