Federal Reserve Faces Divisions on Rate Cut Plans Amid High Inflation
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#b4a637a9 ver:0.93

Federal Reserve officials are divided on rate cut plans amid high inflation. Atlanta Fed President Bostic advocates for patience and gradual adjustments based on inflation and jobs data, while Minneapolis Fed President Kashkari wants sustained positive inflation data before implementing cuts. Economists are divided on how many cuts to expect, with 41% predicting two cuts and 41% predicting one or none. The Fed is expected to keep rates steady next week, with the first cut potentially coming in September. The complex considerations and uncertainties surrounding the US economy are reflected in the differing perspectives of Fed officials. #FederalReserve #RateCuts #Inflation...

#newstr #FederalReserve #InterestRates #Inflation #Economists #RateCuts #FederalOpenMarketCommittee 

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