US Federal Reserve Expected to Keep Interest Rates Steady as Hopes of Early Rate Cuts Fade
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#2140b79c ver:0.56

The US Federal Reserve is expected to keep interest rates steady as hopes of early rate cuts fade. Inflation remains above the Fed's target and economic growth has slowed, leading to concerns. Fed Chair Jerome Powell acknowledges the high inflation but states that the threshold for a rate hike is extremely high. The Fed's cautious approach focuses on ensuring inflation is close to 2% before considering rate cuts. No rate cuts are expected in the short term, and the number of cuts will depend on inflation data. The Fed's decision reflects concerns over inflation and sluggish growth, indicating no significant changes to monetary policy. #FederalReserve #InterestRates #Inflation #EconomicGrowth...

#newstr #UsFederalReserve #InterestRates #Inflation #EconomicGrowth #RateCuts #PresidentialElection 

 https://here.news/story/2140b79c?ver=0.56