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Patience and Caution Paramount for the FOMC

13

The June Committee forecasts are based on the momentum of Q1 not Q2’s softening. Westpac continues to expect incoming data to justify two cuts in 2024, beginning in September. The FOMC showed considerable caution regarding both inflation and economic momentum at the June meeting, referencing the strength of Q1 2024 rather than the emerging softening […]

The post Patience and Caution Paramount for the FOMC appeared first on Action Forex.

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