Analysts expect Fed Chair Jerome Powell to signal a likely slowdown in the pace of rate cuts in 2025.
Photo: ANDREW CABALLERO-REYNOLDS / AFP
Source: AFP
The US Federal Reserve is widely expected to cut interest rates by a quarter point on Wednesday and signal a slower pace of cuts ahead, brushing off uncertainty about inflation’s downward path and the possible impact of some of President-elect Donald Trump’s economic proposals.
The Fed has made significant progress tackling inflation…
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