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Published 23:22 IST, September 19th 2024

Ex-Kansas City Fed chief sees renewed inflation risk after large rate cut

The Fed kicked off its easing cycle on Wednesday with its first rate cut since 2020, citing "greater confidence" that inflation is moving towards the central bank's 2% target.

Reported by: Thomson Reuters
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US Fed interest rate cut impact 2024
US Fed interest rate cut impact 2024 | Image: Thomas Hoenig
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23:22 IST, September 19th 2024