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Fed holds rates steady but notes progress on inflation

  • Federal Reserve officials are likely to announce the first interest rate cut in four years, potentially lowering borrowing costs for U.S. Consumers and businesses.
  • Rate cuts as early as September could help achieve a "soft landing," reducing high inflation without causing an economic downturn.
  • Financial market traders have priced in 100% odds for a benchmark rate reduction at the Fed's meeting on September 17-18.
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Bias Distribution

  • 63% of the sources are Center
62% Center
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