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Fed megaphone: Fed meeting notes suggest rate cuts will be cautious if inflation stagnates

Federal Reserve Speaker Nick Timiraos wrote that Fed members discussed the possibility of slowing or pausing interest rate cuts at their meeting earlier this month if progress on reducing inflation stalled. According to Fed meeting notes released on Tuesday, officials believe that if the economy performs in line with their expectations, inflation will continue to decline steadily...

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2024-11-26 20:54:36
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