IMF Expects US Federal Reserve to Cut Interest Rates Later this Year Amid Cooling Consumer Prices
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#4566d0f2 ver:0.64
The IMF expects the US Federal Reserve to cut interest rates later this year amid cooling consumer prices. The IMF supports the Fed's cautious approach to monetary policy and advises the US to rein in its growing debt pile. This aligns with the IMF's previous advice to maintain current interest rates until late 2024 to support the US economic recovery. James Knightley from ING also predicts rate cuts due to lower inflation and rising unemployment. Fed chair Jerome Powell expresses optimism about lower inflation but cautions against premature rate cuts. #IMF #FederalReserve #interestrates #inflation...
#newstr #Imf #FederalReserve #InterestRates #Inflation #UsEconomy
https://here.news/story/4566d0f2?ver=0.64