International Economic

'We are significantly closer to neutral', Fed's Powell says

By Alexander Bueso

Date: Wednesday 18 Dec 2024

(Sharecast News) - The US central bank cut rates as expected but policymakers indicated that they were now anticipating fewer reductions in 2025.
Furthermore, macroeconomic projections from the Federal Reserve's board members and regional presidents showed that they were also anticipating slightly higher inflation during the following year.

"We are...

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