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FOMC Minutes Signal Potential Rate Cuts Amid Slower Growth and Elevated Inflation
FOMC Minutes Signal Potential Rate Cuts Amid Slower Growth and Elevated Inflation
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BTCCSquare news:
Federal Reserve Chair Jerome Powell's upcoming speech at 8:30 AM EST is poised to sway markets, with traders bracing for volatility across equities, bonds, and cryptocurrencies. The FOMC's September meeting minutes revealed slowing GDP growth, a softening labor market, and persistent Core PCE inflation, prompting most officials to endorse modest policy easing.
Market participants are scrutinizing Powell's remarks for clues on the timing and magnitude of anticipated rate cuts later this month. The Fed's delicate balancing act between supporting employment growth and controlling inflation risks continues to shape investor sentiment across asset classes.
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