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Fed Likely to Resume Rate Cuts Amid Persistent Inflation and Job Data

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Source: Reuters
Fed Likely to Resume Rate Cuts Amid Persistent Inflation and Job Data
Photo: Reuters
TL;DR Summary

The Federal Reserve is on track to potentially resume interest rate cuts starting in September, supported by recent data showing cooler inflation and signs of a weakening labor market, including steady jobless claims and rising unemployment benefits, which could influence future monetary policy decisions.

Topics:business#economy#federal-reserve#inflation#interest-rates#job-market#rate-cuts
Share this article
  1. Fed seen on track to resume rate cuts after inflation, job market data  Reuters
  2. Fed to keep rates on hold at least until September as inflation risks linger  Reuters
  3. June Fed Meeting: Live Updates and Commentary  Kiplinger
  4. Traders Resume Fully Pricing In Two Fed Rate Cuts This Year  Bloomberg
  5. There’s New Evidence in the Case for Rate Cuts  WSJ

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