The Cooling U.S. Economy: A Potential Ally in Taming Inflation
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#f9660aca ver:0.5

The cooling U.S. economy presents an opportunity for the Federal Reserve to tame inflation. The Fed is adjusting its stance on interest rates, with expectations of only one rate cut in November. Officials want to ensure inflation is under control before considering further cuts. However, some officials express concerns about upside risks to inflation and the restrictiveness of current policy. The decision on rate cuts will be based on economic conditions and inflation outlook. The housing market remains resilient, contributing to sticky inflation. The Biden administration supports an independent Fed. Maintaining high borrowing costs is seen as necessary to control persistent inflation, but carries risks of an economic downturn. A balanced approach to inflation and economic policy is needed. #FederalReserve #inflation #interestrates #economy...

#newstr #UsInflation #InterestRates #FederalReserve #ConsumerSpending #EconomicGrowth 

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