Phrase: Fed Rate Cut Hinges on Second-Half Inflation Easing
BlockBeats News, February 13th: Seema Shah, Chief Global Strategist at Principal Asset Management, stated that the current situation is still not enough to justify a recent interest rate cut for the Federal Reserve.
The ongoing strength of the labor market has provided policymakers with a reason to keep interest rates unchanged, and as the impact of tariffs fades, further slowing inflation in the second half of the year should reopen the door to accommodative policy. (Golden Finance)
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