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Federal Reserve Official: Policy Tightening May Last for a Long Time
2024/01/03 23:33
The minutes of the Federal Reserve's monetary policy meeting show that Fed officials believe that policies will remain tight for some time. Some officials stated that interest rates may stay at their peak longer than expected. Officials acknowledged predictions showing a rate cut before the end of 2024, with several participants emphasizing the uncertainty about how long restrictive policies need to be maintained.
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