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Fed Mestre: It's too early to cut interest rates in March this year

Fed Mestre: It's too early to cut interest rates in March this year

2024/01/11 18:16

Fed Mestre said that he personally believes that it is too early to cut interest rates in March this year and needs to see more evidence of falling inflation.Inflation must fall on a sustainable basis so that discussions about interest rate cuts can take place.But when it sees continued inflation falling, the Fed will discuss the issue of interest rate cuts.What needs to be evaluated now is how long high interest rates and restrictive policies need to be maintained.

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