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RE: LeoThread 2025-03-08 21:45

in LeoFinance7 months ago

After cutting its key rate three times last year to about 4.3%, Powell indicated in January that the Fed would pause any further cuts amid signs that inflation has remained stuck above its target. The central bank's preferred inflation gauge shows that prices rose 2.5% in January compared with a year ago. Excluding the volatile food and energy categories, core prices rose 2.6%, the smallest increase since June.