(Bloomberg) — There is a possibility that Federal Reserve policymakers are on the brink of reducing interest rates. As we approach the two-day policy meeting this week, investors are evenly split on whether the US central bank will begin lowering borrowing costs at its next decision in March. The upcoming press conference by Fed Chair Jerome Powell will be crucial in providing any signals based on the recent economic data. Inflation numbers are lower than expected, while consumer spending remains strong, possibly due to the decline in inflation.
2024-01-28 02:00:27
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