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Hot inflation may put Fed rate cut in thick of election season
stock analyst 04/12/2024 0 Comments on Hot inflation may put Fed rate cut in thick of election season
Rate futures markets now show investors see a first rate cut as most likely occurring at the Fed\’s Sept. 17-18 meeting after data showed inflation through the entire first quarter of 2024 was stiffer than expected and had demonstrably slowed progress on bringing it back to the Fed\’s 2% target.