PIMCO: Fed Sets Stage for Rate Cuts Amid Growing Confidence on Inflation

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The Federal Reserve on Wednesday kept interest rates on hold, as expected, while making modest, dovish changes to its policy statement, setting the stage for a potential rate cut in September. Still, Fed Chair Jerome Powell stopped short of signaling anything beyond September, instead emphasizing...

https://www.hellenicshippingnews.com/pimco-fed-sets-stage-for-rate-cuts-amid-growing-confidence-on-inflation/

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