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P.Daddy
@zeuzz
summary of Fed decisions on 07/31/2024: The Fed leaves rates unchanged for the 8th consecutive meeting The Fed reiterates that it will not cut rates until there is confidence that inflation will reach 2%. Inflation has fallen but remains “somewhat elevated” Fed says “some” further progress is being made on inflation Careful attention to risks on both sides of dual mandate Unemployment rate has risen but remains “low.” Is a September rate cut really warranted?
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