Federal Reserve Considers Waiting Game with Inflation as Labor Market Remains Strong
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#f9660aca ver:0.45
The Federal Reserve is considering a wait-and-see approach on interest rates as inflation remains elevated. The central bank aims to bring inflation under control before considering further rate cuts. Some officials believe that higher borrowing costs have had less impact than expected, and there may be few, if any, rate cuts this year. The strong labor market and resilience of the housing market are factors influencing the Fed's decision. The Biden administration supports the Fed's independence in controlling inflation. #FederalReserve #inflation #interestrates...
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https://here.news/story/f9660aca?ver=0.45