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Fed's Barr: rate cuts will be typical once the US economy softens rapidly

Fed's Barr: rate cuts will be typical once the US economy softens rapidly

Bitget2024/08/02 20:57

Federal Reserve Balkin said, 114,000 non-farm payrolls increase is not good enough, but it is also considered "reasonable data". Once the U.S. economy is rapidly weakening, then the Federal Reserve to cut interest rates will be very typical.

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