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Federal Reserve official: It's time to consider lowering interest rates

2024-08-19 08:05:26

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ChainCatcher message, Federal Reserve FOMC voting member Daly stated that recent economic data has made her "more confident" that inflation is under control. It is now time to consider adjusting the current interest rate range of 5.25%-5.50%. Although the labor market is slowing down, it is "not weak."

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Federal Reserve interest rate cut

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