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US inflation remains above Fed target, rate cuts unlikely soon: Bloomberg
US inflation remains above the Fed's target, signaling rate cuts are unlikely soon. Rate cut in next three meetings at 0.3% YES.
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washingtonexaminer.com
Inflation fell to 3.4% in July, easing a bit of pressure on Fed
Inflation is still well above the Federal Reserve’s target of 2%, and many investors and Fed watchers expect an interest rate increase this year.
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economictimes.indiatimes.com
US Fed expected to leave rates unchanged next month after soft inflation data
Inflation has eased for the second consecutive month, reducing the urgency for the Federal Reserve to increase interest rates imminently. Nevertheless, persistent inflation…
