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Fed Legit Says Central Financial institution Isn’t ‘Truly Speaking About Price Cuts’

Fed Legit Says Central Financial institution Isn’t ‘Truly Speaking About Price Cuts’
December 16, 2023



Up to date Dec. 15, 2023 4:53 pm ETFederal Reserve officers presented competing perspectives Friday of when they may start to decrease rates of interest subsequent 12 months after Chair Jerome Powell instructed they have been most probably achieved elevating them.One in every of Powell’s senior lieutenants stated Friday that central-bank officers weren’t actively debating when to chop charges at their coverage assembly this week, an obvious effort to mood markets’ exuberant interpretation of the chair’s feedback at a information convention Wednesday.Copyright ©2023 Dow Jones & Corporate, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8

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