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Fed officials see three rate cuts reasonable this year

A pair of Federal Reserve policymakers often considered to have divergent monetary policy leanings on Tuesday both said they think it would be reasonable to cut U.S. interest rates three times this. -April 02, 2024 at 05:18 pm EDT - MarketScreener

California fast food workers hail wage hike, franchise owners worried

About half a million workers at California fast food chains began receiving a $20-an-hour minimum wage on Monday, and the increase had some small business owners questioning their future, even as.

Fed s Daly Says 3 Rate Cuts This Year Reasonable

Fed s Daly Says 3 Rate Cuts This Year Reasonable
usnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from usnews.com Daily Mail and Mail on Sunday newspapers.

Fed s Daly says 3 rate cuts this year reasonable

(Reuters) -A pair of Federal Reserve policymakers often considered to have divergent monetary policy leanings on Tuesday both said they think it would be "reasonable" to cut U.S. interest rates three times this year, even as stronger recent economic data has sown investor doubts about that outcome. Cleveland Fed Bank President Loretta Mester and San Francisco Fed Bank President Mary Daly last month joined the U.S. central bank's unanimous vote to leave short-term interest-rates in the 5.25%-5.5% range to keep putting downward pressure on inflation. The labor market is still going strong and growth is going strong.

Fed s Daly says 3 rate cuts this year reasonable

By Ann Saphir and Michael S. Derby (Reuters) -A pair of Federal Reserve policymakers often considered to have divergent monetary policy leanings on Tuesday .

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