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Fed’s Jerome Powell Weighs Rate Cut Amid Signs of Slowing Inflation
Federal Reserve Chair Jerome Powell is leaning towards a potential interest rate cut, bolstered by recent data indicating a slowdown in inflation. As the U.S. economy enters the fourth quarter, Powell and other Fed officials are reassessing their approach to managing inflationary pressures while safeguarding the labour market. The most recent consumer price index (CPI) […]
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