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Federal Reserve's Paulson: Year-end Inflation Rate Should Be Around 2%, Further Rate Cuts Possible If Prediction Proves Accurate
Summary: According to sources, Federal Reserve's Paulson stated that he remains cautiously optimistic about inflation after the CPI release, expecting the inflation rate to be around 2% by the end of the year. If this prediction comes true, further rate cuts are expected later this year.
According to sources, Federal Reserve's Paulson stated that he remains cautiously optimistic about inflation after the CPI release, expecting the inflation rate to be around 2% by the end of the year. If this prediction comes true, further rate cuts are expected later this year.
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Link: Federal Reserve's Paulson: Year-end Inflation Rate Should Be Around 2%, Further Rate Cuts Possible If Prediction Proves Accurate [Copy]
Tags:
Link: Federal Reserve's Paulson: Year-end Inflation Rate Should Be Around 2%, Further Rate Cuts Possible If Prediction Proves Accurate [Copy]
