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Fed minutes reveal inflation risks diminished but shed little light on when cuts may begin

Por: New York Post Business January 04, 2024

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“Almost all participants indicated that … a lower target range for the federal funds rate would be appropriate by the end of 2024,” said the minutes, with “a number of participants” highlighting increased uncertainty about how long strict monetary policy would need to be maintained given the progress achieved on lowering inflation. In a firm nod to their progress in easing pricing pressures, policymakers also, for the first time since... + full article



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