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Fed Divided on Rate Moves | Durham News
The Fed is split on interest rates—half expect hikes, the other half think rates may stay flat or even drop—due to AI-driven inflation pressures and uncertain consumer expectations. Despite some officials pushing for rate increases, the Fed held steady before new chair Kevin Warsh’s tenure, who’s focused on hitting the 2% inflation target. Consumer inflation expectations are rising, hitting three-year highs, while markets show signs of stability. The Fed’s balancing act between curbing inflation and avoiding economic fallout keeps everyone watching closely. Listen in comfort:Get a discount on…
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