Fitch: The Federal Reserve is fully supporting employment and will tolerate higher inflation in the short term
According to Golden Ten Data, Olu Sonola, Head of U.S. Economic Research at Fitch, stated that the Federal Reserve is now fully supporting the labor market and has made it clear that it will enter a decisive and aggressive rate-cutting cycle in 2025. The message is very clear: growth and employment are the top priorities, even if this means tolerating higher inflation in the short term.
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