July 19, 2024

Inflation’s Easing, Economy’s Strong, So Why No Rate Cuts from the Fed?

Recent economic data suggests the US economy grew solidly while price pressures eased, but the Fed remains cautious about rate cuts. The latest economic data released this week showed that the U.S. economy grew at a healthy pace in the latter half of last year, while Americans saw significant relief from rising prices. This suggests Inflation’s Easing, Economy’s Strong, So Why No Rate Cuts from the Fed?

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