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Benzinga
Benzinga
Business
Piero Cingari

Fed Just Poured Cold Water On Rate Cut Hopes–And Tariffs Are To Blame

United States Inflation Committee US Federal Reserve Donald Trump
Fed Balances Rate Cuts Against Political Heat

The Federal Reserve indicated that inflation risks remain "considerable" due to the uncertain impact of new trade tariffs, casting fresh doubt over imminent interest rate cuts, according to the July Federal Open Market Committee minutes released Wednesday.

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