The Fed's rate-cut signals could prompt a fresh bout of inflation, economists say
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The Fed signaled three interest rate cuts for 2024 even though inflation is running above its 2% target.
• Some economists predict a fresh bout of inflation on the impending rate cuts.
The Federal Reserve on Wednesday signaled three interest rate cuts in 2024, sending the financial markets cheering — the Dow Jones Industrial Index closed at fresh record highs for two straight…
This story from businessinsider.com was posted on 2023-12-15 by @arcticc.