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Economist: Fed officials may have slight differences on the timing of rate cuts

2024-07-28 15:16
Odaily News Institutional economists said that at next week's meeting, most Fed officials are likely to agree on one thing: the downside risks to the Fed's full employment mission are roughly balanced with the upside risks to inflation. We expect officials to generally agree that it is appropriate to cut interest rates sometime in the near future, but there may be slight differences on the timing of the cut. (Jinshi)