Fed to cut rates in June, economists still say, despite war inflation risks
Economists surveyed by Reuters expect the U.S. Federal Reserve to implement its first interest rate cut of the year in June, maintaining that outlook despite concerns that disruptions in global energy markets from the U.S.-Israeli war with Iran could further fuel already high inflation. A roughly 40% jump in global oil prices has pushed the … Continue reading Fed to cut rates in June, economists still say, despite war inflation risks
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