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Fed says it strongly supports decision to cut interest rates by 50 basis points
The Fed governor said today that she "strongly supports" the Fed's decision to cut interest rates by 50 basis points, reflecting the focus on the job market. "The job market remains resilient, but the FOMC now needs to balance its focus so that it can continue to make progress on tackling inflation while avoiding unnecessary pain and economic weakness," said Ms Coogler. "I strongly support last week's [50 basis point cut]...
2024-09-25 22:36:51
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