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The Fed has entered the regular “quiet period”, two senior officials “sealed” before suggesting that the rate cut of half a percentage point to remain cautious

The Fed has entered the regular “quiet period”, two senior officials “sealed” before suggesting that the rate cut of half a percentage point to remain cautious

Bitget2024/09/08 13:08

The Federal Reserve has entered the regular “quiet period”, before the official “seal”, there are two senior Federal Reserve officials hinted that, despite the release of Friday's mixed employment report, but the Federal Reserve may still be in the upcoming meeting to cut interest rates by half a percentage point, but they also said that the Fed will remain cautious in taking action. Fed Governor Waller and New York Fed President Williams were quoted as saying that multiple rate cuts should be made this year in light of falling inflation and a weak U.S. labor market. Fed funds futures market volatility this week and at one time that the Fed is more likely to cut rates by 50 basis points this month, but these bets have since been scaled back, but traders still expect the central bank will cut rates by more than one percentage point this year, suggesting that the Fed may need to step up its efforts to deal with the economic slowdown.

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