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Fed's Daley: Three interest rate cuts may be needed in 2024

Fed's Daley: Three interest rate cuts may be needed in 2024

CointimeCointime2023/12/19 01:22
By:Cointime

Fed's Daly said that its economic forecast is "very close" to the FOMC median and may need to cut interest rates three times in 2024. If inflation continues to decline, the Fed should strive to minimize interference with the job market.

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