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The Federal Reserve's Musalem urged cautious rate cuts, forecasting a sharp rebound in the economy in the first quarter of next year
Mr. Musalem said he expected the US economy to rebound strongly early next year, underlining the need for officials to be cautious about additional rate cuts. He cited factors such as fiscal support, the impact of already implemented rate cuts and deregulation. Mr. Musalem reiterated his view that current Fed policy is close to no longer exerting downward pressure on inflation. We must be cautious...
2025-11-10 15:04:25
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