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Confounding US economic, inflation data muddy Fed’s rate path /
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2024-05-01 23:01:54

Confounding US economic, inflation data muddy Fed’s rate path on Nostr: US Federal Reserve Holds Interest Rates Steady Due to Lack of Inflation Progress ...

US Federal Reserve Holds Interest Rates Steady Due to Lack of Inflation Progress
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#2140b79c ver:0.86

The US Federal Reserve keeps interest rates steady due to lack of progress in inflation, marking the sixth consecutive meeting with no rate changes. The decision reflects caution and a focus on reaching the 2% inflation goal before considering rate cuts. The Fed also plans to slow the pace of its balance-sheet reduction program. Higher interest rates may impact borrowing costs and investment returns. #FederalReserve #InterestRates #Inflation #Economy...

#newstr #FederalReserve #InterestRates #Inflation #EconomicGrowth #EconomicData #JeromePowell

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