May 17, 2024
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5:45Now PlayingAfter a week of cooler economic data, markets are now pricing in a 70% chance of a first Fed cut in September, but EY Parthenon's chief economist Gregory Daco tells Reuters a cut could come as soon as July, and policymakers should be aware of the impact of high rates on Americans who are struggling to make ends meet.
#News #Reuters #Newsfeed #useconomy #usinflation #federalreserve #interestrates
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