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2024-07-17 12:01:55

Differing Opinions on Federal Reserve Rate Cuts Ahead of US Presidential Election on Nostr: Federal Reserve Nears Rate Cuts Amid Positive Inflation Data =============== ...

Federal Reserve Nears Rate Cuts Amid Positive Inflation Data
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#504cefd6 ver:1.76

The US Federal Reserve is nearing a decision to cut interest rates as the job market weakens and economic growth slows. The Fed's dual mandate of maximum employment and inflation targeting is leading to potential rate cuts, with the first expected in September. However, some traders believe rate cuts may not have the same bullish effect as in the past. The Fed needs to start cutting rates now to avoid falling behind the economic curve. The next meeting to consider rate cuts occurs on July 30-31. #FederalReserve #InterestRates #EconomicGrowth...

#newstr #FederalReserve #InterestRates #Inflation #JobMarket #Economy

https://here.news/story/504cefd6?ver=1.76
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