US Federal Reserve Unlikely to Cut Rates Before Election Due to Strong Job Growth: Jefferies =============== #b4a637a9 ver:1.36 The US Federal Reserve is unlikely to cut rates before the election due to strong job growth and inflation above comfort levels. Economists expect rate cuts in September and December, with projections showing a gradual decline in the benchmark rate. The Fed is cautious and will assess incoming data before reducing rates. Inflation remains a key issue, and the Fed aims to strike a balance between containing inflation and maintaining economic growth. The recent inflation report, which was below expectations, has opened the door for potential rate cuts in September. #FederalReserve #InterestRates #Inflation #Economy... #newstr #UsFederalReserve #InterestRates #Inflation #JobGrowth #PresidentialElection https://here.news/story/b4a637a9?ver=1.36