Officials are debating when to restart interest rate cuts, as high prices linger and Trump’s policies add to economic uncertainty.
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The Federal Reserve appears to be making its position clear: interest rate cuts are not imminent, warned the CEO of one of a eading financial advisory and asset manager. The deVere Group’s Nigel Green said that the minutes of the last meeting of the FOMC rate setting committee revealed that officials from the US central bank in January expressed their readiness to hold interest rates steady due to sticky inflation and economic policy uncertainty. According to the Fed minutes, “participants cited the possible effects of potential changes in trade and immigration policy, the potential for geopolitical developments to disrupt supply chains, or
Officials are debating when to restart interest rate cuts, as high prices linger and Trump’s policies add to economic uncertainty.
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The EURUSD currency pair ticked higher but is broadly sideways around 1.0300 in Tuesday’s North American session as investors await the Federal...