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A senior Federal Reserve official confirmed Thursday that the US central bank still intends to start cutting interest rates "at some point this year," but
A senior Federal Reserve official confirmed Thursday that the US central bank still intends to start cutting interest rates “at some point this year,” but warned against the potentially inflationary effect of over-consumption. “If the economy evolves broadly as expected, it will likely be appropriate to begin dialing back our policy restraint later this year,” […]
The post US Fed official warns of inflationary risk of over-consumption appeared first on Insider Paper.
https://insiderpaper.com/us-fed-official-warns-of-inflationary-risk-of-over-consumption/
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