Federal Reserve Governor Kugler: If inflation progresses as expected, it will support further interest rate cuts in the future

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Bitget2024/09/26 00:01

Federal Reserve Governor Kugler stated that if inflation progresses as expected, he will support further interest rate cuts in the future; it is estimated that the PCE inflation rate in August was about 2.2%, and the core PCE was 2.7%; The Federal Reserve should continue to focus on reducing inflation, while also shifting its attention to the maximum employment goal.

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