AiCoin
AiCoin|Sep 04, 2025 19:10
[Federal Reserve Official Says No Reason to Cut Rates This Month] Cleveland Federal Reserve President Beth Hammack stated that inflation is still above the Fed's 2% target and continues to rise, so there is no reason to cut rates this month. She noted that businesses are facing supplier price pressures and emphasized the importance of the Fed's independence in maintaining low inflation.
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