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🟠FED WATCHES INFLATION, JOBS DATA

🟠FED WATCHES INFLATION, JOBS DATA

Day: 09 | Time: 20:05:19 Federal Reserve President Jerome Powell has stated that inflation has decreased significantly, but the central bank wants to see further progress before cutting interest rates. Despite the strong job market in the United States, there are signs of a slowdown, such as the increase in the unemployment rate and unemployment claims. If the situation worsens, the Fed may cut rates sooner than expected. Despite the recent economic data, the exact timing for the cuts remains uncertain, but the Fed is ready to adapt monetary policy to support economic expansion.

Inflation
Rate Cuts
Central Bank