Federal Reserve Officials Remain Divided on Timing of Rate Cut as Inflation Persists
===============	
#275a7504 ver:1.51

Federal Reserve officials remain divided on timing of rate cut as inflation persists. Some officials, like Loretta Mester, believe 3 rate cuts this year are reasonable, while others urge patience and want more evidence of progress on inflation. Fed Chair Jerome Powell says it will take longer than expected for inflation to cool. Market expectations for rate cuts have firmed up, with traders anticipating reductions in September and December. Fed officials are cautious and want to see more time and good inflation data before adjusting policy. #FederalReserve #RateCut #Inflation...

#newstr #FederalReserve #InterestRates #UsEconomy #Inflation #MonetaryPolicy 

 https://here.news/story/275a7504?ver=1.51