International Economic

Fed members continue to push back against rate-cut hopes

By Benjamin Chiou

Date: Friday 10 May 2024

(Sharecast News) - Federal Reserve policymakers are continuing to push back against expectations for significant interest-rate cuts this year, with governor Michelle Bowman asking for patience before any policy easing takes place.
"It is of utmost importance that we maintain credibility in pursuing our fight against inflation by proceeding carefully and...

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