Inflation Data May Shape Fed’s Path to Interest Rate Cuts

This week’s U.S. inflation data could influence the Federal Reserve’s timeline for potential interest rate cuts. As the Fed meets, the release of new inflation figures on Wednesday will play a crucial role in shaping their policy statement. If the data shows significant progress in reducing inflation towards the 2% target, the Fed might signal an eventual rate cut, which would lower borrowing costs for consumers and businesses.

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