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Fed Kashkari: FOMC expected to cut interest rates near the end of the year

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2024-06-16 15:03:03
Mr. Kashkari said he expected the FOMC to cut rates towards the end of the year. The Fed is in a strong position to take its time and watch the data; the labour market is performing better than expected; and the labour market is likely to cool further, hopefully moderately.
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