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The Fed Will Not Be Quick to Cut Rates

Domestic data pointed to inflation being more persistent than previously expected, note the FOMC minutes. Sarah Foster discusses what to make of the FOMC minutes. She talks about how any thoughts that the Fed will be quick to cut rates seem to be clearly misplaced. She goes over how the prospect of rate cuts this year aren’t looking like a done deal the way they were when the year first began. Tune in to find out more about the stock market today.

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22 May 2024

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