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Fed Rate Cuts Are Now a Matter of If‚ Not Just When
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Fed Rate Cuts Are Now a Matter of If‚ Not Just When

Another firmer-than-anticipated inflation report delivered a meaningful setback Wednesday to the Federal Reserves hope that it could buoy prospects of a so-called soft landing by dialing back some of the past years interest-rate increases.Solid hiring and the prospect that inflation might settle out closer to 3% than the Feds 2% goal could call into question whether the central bank will be able to cut rates until much later in the year without evidence of a sharper slowdown in the...
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