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Confounding US economic, inflation data muddy Fed’s rate path /
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2024-04-30 11:03:54

Confounding US economic, inflation data muddy Fed’s rate path on Nostr: Federal Reserve Expected to Hold Interest Rates Steady, Rate Cuts Unlikely Until ...

Federal Reserve Expected to Hold Interest Rates Steady, Rate Cuts Unlikely Until Second Half of 2024
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#2140b79c ver:0.32

The Federal Reserve is expected to keep interest rates steady and delay rate cuts until the second half of 2024. Inflation above the 2% target and strong employment numbers support this decision. The Fed aims to control inflation without causing a recession, and data suggests rates may need to stay higher for longer. The US dollar is likely to strengthen as a result. #FederalReserve #InterestRates #Inflation #Economy...

#newstr #FederalReserve #InterestRates #Inflation #EconomicGrowth

https://here.news/story/2140b79c?ver=0.32
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