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Federal Reserve Committee: It's time to consider cutting interest rates

Mr. Daley, the Fed's FOMC commissioner this year, said recent economic data gave me "more confidence" that inflation was under control. It was time to consider adjusting the current rate range of 5.25-5.50 per cent. While the labour market is slowing, it is "not weak".

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2024-08-18 23:51:30
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