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Economist: If inflation persists for another month or two, the Federal Reserve may not cut interest rates again this year
Peter Cardillo, chief market economist at Spartan Capital Securities in New York, said that if inflation persists for another month or two, the Federal Reserve may not cut interest rates again this year. Peter said that today's data confirmed that inflation remains an issue, and it clearly supports the Federal Reserve's cautious stance on interest rate cuts. The prospect of tariffs has also heightened inflation concerns....
2025-02-12 14:09:29
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