Federal Reserve Divided on Rate Cut Plans as Inflation Remains High
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#b4a637a9 ver:0.95

Federal Reserve officials are divided on rate cut plans as inflation remains high. Atlanta Fed President Bostic suggests patience, citing inflation reports and jobs growth. Minneapolis Fed President Kashkari wants sustained positive inflation data before rate cuts. The debate reflects uncertainties in the US economy. Economists are divided on how many cuts to expect in 2024, with some expecting two and others expecting none. The first cut is anticipated in September. The focus is on lower inflation rather than labor market or economic shocks. #FederalReserve #RateCuts #Inflation #Economy...

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