Market Insight: Fed won't be able to cut this year, says economist

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Published Jun 18, 2024

Market hopes of speedy interest rate cuts are fizzling out as, policymakers signal high rates are here to stay. Economist Shaan Raithatha of Vanguard told Reuters, sticky inflation may not allow the Federal Reserve to bring borrowing costs any lower this year.

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Market Insight: Fed won't be able to cut this year, says economist | REUTERS

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