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CoinOtag 2024-07-09 13:19:48

FED Interest Rate Cuts Expected: Earliest Reduction Speculated for September

The Federal Reserve’s cautious stance on rate cuts continues despite positive economic data suggesting inflation is beginning to cool. Federal Reserve Chairman Jerome Powell and FOMC members acknowledge the declining inflation trend but emphasize the need for more affirmative data before reducing rates. As the July rate decision nears, the earliest anticipated rate cut might

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