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Published 00:15 IST, September 21st 2024
Fed's Waller: Weak inflation data cemented case for 50 basis point cut
August PCE data will not be released until next week, but the chief components of it were in hand for the Fed's meeting on Tuesday and Wednesday, allowing officials a good base for estimation.
Fed rate cut analysis | Image:
Christopher Waller (Credit: Reuters)
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00:15 IST, September 21st 2024