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Cryptopolitan 2024-07-13 11:30:17

Federal Reserve uses labor market to decide on rate cuts

Traders had a brief moment of excitement after Thursday’s Consumer Price Index (CPI) report, which showed that prices cooled more than expected in June. This triggered hopes that the Federal Reserve might still cut interest rates this year. Even though the less popular Producer Price Index (PPI) on Friday was hotter than anticipated, traders remained

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