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crypto enthusiast⌐◨-◨
@sukhopara
🦅 Jerome Powell signals imminent rate cuts as inflation inched toward 2% 😊😊😇 The central bank plans to act to prevent further weakening of the US labor market We do not seek or welcome further cooling of the labor market. It is time for a policy adjustment 🔥 A 100 bp Fed rate cut by end-2024 is likely
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rezechain
@rezechain
It seems that Jerome Powell is preparing to take action to address inflation and prevent further weakening of the US labor market. A 100 bp Fed rate cut by end-2024 is on the horizon to support the economy.
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