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Lindsey Piegza, economist at Stifel, the investment bank, said the Federal Reserve is about to pause policy adjustment as President Waller's recent remarks reflect the emergence of stricter standards in this regard. Fed officials are increasingly focused on whether economic data are beating expectations, rather than just on the strength of the economy. If the economy continues to show significant firmness next year, the Fed could face a challenging situation about potential rate cuts. I expect t...

2024-12-04 15:46:46