Fed expected to cut interest rates despite rising inflation. Here's why
The reason is clear, experts told ABC News: Interest rates will remain historically high even after a small cut. The Fed likely does not view a mild uptick of inflation this fall as enough to deviate from a path of rate cuts it laid out earlier this year, they added.
Bond traders are on high alert for a fresh dose of inflation data out on Wednesday that could determine whether Federal ...
October inflation data, including CPI and PPI, will reveal if price pressures ease, impacting future Fed rate decisions. Fed Chair Powell’s Thursday speech could signal if rate cuts continue ...
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