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Federal Reserve Kashkari: A further "moderate" rate cut seems appropriate

Federal Reserve Kashkari: A further "moderate" rate cut seems appropriate

Bitget2024/10/14 13:26

Federal Reserve Kashkari: A further "moderate" rate cut seems appropriate, the future direction of monetary policy will be driven by data and economic performance.

The U.S. economy is in the final stage of bringing inflation back to 2%, and monetary policy remains restrictive. Recent employment data shows that the labor market has not weakened rapidly.

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