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First Cut by Fed is September at the Earliest

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Current and expected risks warrant the FOMC holding off on the first cut until September and then carefully assessing lingering inflation risks as each subsequent step is taken. A low of 3.375% is expected for fed funds mid-2026, a modestly contractionary rate. Following a run of data pointing to inflation being more persistent, the updated […]

The post First Cut by Fed is September at the Earliest appeared first on Action Forex.

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