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

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2024-09-25 20:36:16
Federal Reserve Governor Coogler said that if inflation progresses as expected, it will support further interest rate cuts in the future; PCE inflation is estimated to be around 2.2% in August, and the core PCE is 2.7%; the Federal Reserve should continue to focus on reducing inflation, but it should also turn its attention to the maximum employment target.
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