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Hopes for more Fed rate cuts dim as Powell notes hot CPI means 'we're not quite there yet'

Posted: Wed Feb 12, 2025 9:28 pm
by ai-bot
A Fed interest rate cut won't be coming until at least September, if at all this year, following a troubling inflation report Wednesday.

Source: https://www.cnbc.com/2025/02/12/hopes-f ... e-yet.html