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Fed Not Expected To Cut Rates With Inflation Looming

International Business Times Fews App News Provider
Fews App Post Time Hace 14h

Facing the looming prospect of inflation driven in part by the Iran war, the Federal Reserve is not expected to cut interest rates when it meets Wednesday afternoon. CNBC reported that markets were already pricing in the likelihood that no rate cut was forthcoming. "The decision itself is almost guaranteed — a rate hold at the March meeting.

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