Federal Reserve takes longer than expected to bring down inflation, few rate cuts expected
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#f9660aca ver:0.27

The Federal Reserve is taking longer than expected to bring down inflation, leading to fewer rate cuts. The persistence of elevated inflation has shifted the Fed's stance, with only one rate cut expected in November. Higher borrowing costs haven't had as much impact as anticipated, and the housing market remains resilient. Central banks in Europe may also face similar inflation challenges. Investors should adjust their strategy accordingly, as the rate cycle may stay the same for the rest of the year. The Fed aims to avoid an 'echo wave' of inflation and is cautious about adjusting its target. #FederalReserve #inflation #interestrates...

#newstr #FederalReserve #InterestRates #Inflation 

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