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The FOMC should hold off on further cuts for a while, a former Fed member advises

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Jan. 26, 2025 4:35 PM ETBy: Liz Kiesche, SA News Editor
FOMC Meeting Minutes word over Candlestick chart Forex background. Close up.

Caner CIFTCI

With CPI inflation running at 2.9% Y/Y

in December, the Federal Open Market Committee shouldn’t be considering another rate cut for a while, according to a former member of the FOMC.

In terms of the Federal Reserve’s mandate of maintaining

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2025-01-26 21:35:05

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