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Possibility of US rate cut lower than market expectations, says former Fed vice chair

16.07.2024 14:35
The possibility of the U.S. Federal Reserve (Fed) deciding to cut interest rates in September has risen compared to three months ago, yet it remains lower than market expectations, according to Richard Clarida, former vice chair of the Fed from 2018 to 2022.

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Possibility of US rate cut lower than market expectations, says former Fed vice chair - auf koreatimes.co.kr