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IMF: Fed should wait until at least 2024 before cutting policy rates

IMF: Fed should wait until at least 2024 before cutting policy rates

CointimeCointime2024/06/28 02:01
By:Cointime

The International Monetary Fund expects the US PCE inflation rate to return to the target level of 2% in mid-2025, and the Federal Reserve should wait until the end of 2024 at the earliest to lower policy interest rates.

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