US Federal Reserve is expected to hold rates steady at its July meeting despite inflation hitting a three-year high. Markets see a possible pause now, but still price in a higher chance of a rate hike in September as core inflation remains elevated.
The US Federal Reserve is anticipated to maintain current interest rates at its upcoming July meeting, even as inflation reaches a three-year peak. However, market expectations strongly suggest a potential rate hike in September due to persistent elevated core inflation. This…
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