The Federal Reserve hints at a possible rate cut this year

Reported about 1 year ago

The Federal Reserve has decided to keep interest rates at current levels, but their dot plot projections suggest the possibility of at least one rate cut this year. Fed Chair Powell emphasized the need for more confidence in inflation, indicating a cautious approach. The market will be closely monitoring economic indicators to determine if the forecast for a rate cut is too conservative, especially given recent positive inflation readings.

Source: YAHOO

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