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Inflation is cooling, but not fast enough for the Fed: Policymakers now expect only one rate cut in 2024

By Christopher Decker, Professor of Economics, University of Nebraska Omaha
It was a double-whammy Wednesday for economic-data enthusiasts.

During the morning of June 12, 2024, the Bureau of Labor Statistics published its latest inflation figures. The news was relatively good, showing that inflation rose 3.3% in the year to May 2024 – less…The Conversation


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