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2024 Rate Cuts Delayed Amid Economic Strength
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Fed Eyes Rate Cuts Amid Inflation
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The strong US economy and persistent inflation have led to the delay of anticipated rate cuts by the Federal Reserve in 2024. Fed Chair Powell suggests no March cuts, with some economists forecasting no cuts for the year, as rising inflation in essentials like food and gas impedes rate adjustments. Investor sentiments vary on potential rate cuts, awaiting Powell's forthcoming testimonies for clarity.
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How could the uncertainty surrounding rate cuts influence stock market volatility and investment decisions?
How might the delayed rate cuts impact consumer spending and borrowing in the US?
What strategies could the Federal Reserve adopt to address inflation while supporting economic growth?
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