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Fed Semi-Annual Policy Report: Need greater confidence before moving to rate cuts
In its Semi-Annual Monetary Policy Report published on Friday, the Federal Reserve (Fed) noted that they have seen modest further progress on inflation this year but added that they still need greater confidence before moving to rate cuts, pre Reuters.Fxstreet
Jul 5, 2024
Fed’s Williams: Still a way to go to reach 2% inflation target on a sustained basis
In prepared remarks to an event at the Reserve Bank of India (RBI) in Mumbai on Friday, New York Federal Reserve (Fed) Bank President John Williams said on Friday, “there is still a way to go to reach 2% inflation target on a sustained basis.” Additional takeaways We have seen significant progress in bringing inflation back toward Fed's 2% target rate.Fxstreet
Jul 5, 2024
