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Cleveland Fed President Declares: ’No Case’ for September Rate Cut Based on Latest Economic Data
Cleveland Fed President Declares: ’No Case’ for September Rate Cut Based on Latest Economic Data
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Fed official drops hawkish hammer on rate cut hopes
MONETARY POLICY STANDOFF
Cleveland's Fed president just threw cold water on September rate cut expectations—citing robust economic indicators that simply won't play ball with dovish dreams. The data's too strong, the numbers too stubborn, and the timing all wrong for any premature celebrations.
ECONOMIC REALITIES BITING
Fresh stats show inflation isn't rolling over like some hoped, employment metrics keep flexing, and growth figures refuse to crater. Meanwhile, Wall Street's rate-cut fantasists keep praying for monetary mercy from the one institution designed to ignore them.
Because nothing says 'sound policy' like letting traders' portfolio anxieties dictate national economic decisions—right?
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