RSS Fed cuts 25bps, projects slower easing Path amid higher inflation expectations

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 RSS Fed cuts 25bps, projects slower easing Path amid higher inflation expectations

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Fed lowered its benchmark interest rate by 25 bps to 4.25–4.50%, as widely expected. However, the decision was not unanimous, with Cleveland Fed President Beth Hammack dissenting, favoring a pause in rate cuts. The updated median economic projections reflect a more cautious approach to easing. Fed now expects rates to fall to 3.9% by the […]

The post Fed cuts 25bps, projects slower easing Path amid higher inflation expectations appeared first on Action Forex.
 
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