70900432
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MACRO
Fed Is Done Raising Rates and Will Cut Them in 2024, Economists Say
The Federal Reserve is done raising interest rates and will likely cut them by roughly one percentage point next year, according to chief economists at some of North America’s largest banks.
While the US will probably dodge a recession, economic growth looks set to slow markedly in the coming quarters, pushing up unemployment while reduc...
Fed Is Done Raising Rates and Will Cut Them in 2024, Economists Say
The Federal Reserve is done raising interest rates and will likely cut them by roughly one percentage point next year, according to chief economists at some of North America’s largest banks.
While the US will probably dodge a recession, economic growth looks set to slow markedly in the coming quarters, pushing up unemployment while reduc...
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70900432 : I think the FED’s only power to lower inflation is to limit the money supply by raising interest rates that will result on cooling down the economy and unemployment. How about surplus of common goods such as energy, food and housing to lower inflation, who is responsible for that?