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They cant get it wrong again: Economists are increasingly uncertain about Fed rate cuts this year
The U.S. Federal Reserve is determined not to reduce interest rates too soon and some economists say recent data has pushed a summer cut completely off the table.Fridaysjobs reportreiterated the seemingly unwavering strength of the U.S. labor market and suggestedfurther need for Fed caution. All eyes will now be on Wednesdays consumer price index‚ afterFebruarys annual inflation rateof 3.2% came in slightly higher than expected.It comes as a growing...