Tuesday , 19 November 2024
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KC Fed Pres. Schmid: Remains to be seen how far interest rates may fall

  • Remains to be seen how far interest rates might fall
  • Cuts are an acknowledgment of the Fed’s confidence inflation is on a path to 2% target.
  • Large fiscal deficits will not cause inflation because the Fed will prevent it, though that could mean higher interest rates

This article was written by Greg Michalowski at www.forexlive.com.

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