Federal Reserve Chair Jerome Powell Cautions Against Premature Rate Cuts Amid Inflation Battle
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#a6c7f3e2 ver:0.76
Federal Reserve Chair Jerome Powell warns against premature rate cuts, citing persistent inflation concerns. Powell emphasizes the importance of data supporting rate cuts and the Fed's commitment to achieving its 2% inflation target. Market analysts predict a rate cut in September, but Powell's cautious approach suggests a more measured approach. Investors and analysts will closely monitor upcoming economic reports for insights into the Fed's next moves. #FederalReserve #InterestRates #Inflation...
#newstr #FederalReserve #InterestRates #Inflation #JeromePowell
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