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Fed Signals One Rate Cut This Year, But Keeps Door Open to Two

Fed Signals One Rate Cut This Year, But Keeps Door Open to Two
bnnbloomberg.ca - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bnnbloomberg.ca Daily Mail and Mail on Sunday newspapers.

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One or two rate cuts expected this year

US Federal Reserve officials expect to cut interest rates just once this year, though chair Jerome Powell left the door open for more as he .

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Fed Keeps Rates Steady, Sees Only One Cut This Year Despite Slowing Inflation

The decision means that officials on the Federal Open Market Committee (FOMC) will keep the federal funds rate in a target range of 5.25-5.5%.

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Why Do Economists Think Jobs Report Could Delay Fed Rate Cuts?

The strong set of employment figures released on Friday have sent market expectations for Fed rate cuts lower as the data pointed to a strong labor market and the increase in wages could add to the stickiness of inflation.

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Are prices starting to drop? Here's what to know about the latest inflation numbers

Are prices starting to drop? Here's what to know about the latest inflation numbers
fox13news.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from fox13news.com Daily Mail and Mail on Sunday newspapers.

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