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Fed Signals Potential Rate Cuts in September Amid Economic Slowdown
Fed Signals Potential Rate Cuts in September Amid Economic Slowdown
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BTCCSquare news:
The Federal Reserve is poised to implement a 25 basis point interest rate cut at its September meeting, with economists overwhelmingly anticipating the move. The decision, set for announcement on September 17, WOULD lower the target rate range to 4.00–4.25%. Only a minority foresee a more aggressive 50 basis point reduction.
Labor market stagnation and downward revisions to employment data have shifted the Fed's focus toward supporting job conditions over inflation concerns. Markets are already pricing in the possibility of three additional cuts in 2025, while 60% of surveyed economists predict at least 50 basis points of further easing by year-end.
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