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Chris Rugaber

Chris Rugaber

Fortune

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Wall Street's hope for a rate cut any time soon is dimming as Powell wrangles persistently hot inflation

Most economists say they still expect two cuts this year. But many acknowledge that one or even no rate reductions are possible.

01.05.2024 20

Fortune

Chris Rugaber

The Federal Reserve is on the cusp of defeating inflation without a steep recession

The cost of goods — such as used cars, furniture and appliances — has fallen for six straight months.

16.12.2023 10

Fortune

Chris Rugaber

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