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Confounding US economic, inflation data muddy Fed’s rate path /
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2024-05-02 00:03:41

Confounding US economic, inflation data muddy Fed’s rate path on Nostr: US Federal Reserve Keeps Interest Rates at 23-Year High Amid Stubborn Inflation ...

US Federal Reserve Keeps Interest Rates at 23-Year High Amid Stubborn Inflation
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#2140b79c ver:0.89

The US Federal Reserve keeps interest rates at a 23-year high due to stubborn inflation. The decision marks the sixth consecutive meeting with no rate cuts, reflecting the Fed's cautious approach. The Fed plans to slow the pace of its balance-sheet reduction program. The economy is healthier than expected, with inflation remaining above the Fed's 2% goal. The Fed's decision has implications for investors and borrowers, as higher interest rates can impact borrowing costs and investment returns. #FederalReserve #interestrates #inflation #economy...

#newstr #UsFederalReserve #InterestRates #Inflation #EconomicOutlook

https://here.news/story/2140b79c?ver=0.89
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