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TechFlow, July 1 - According to Jinshi Data, Federal Reserve Chair Powell said: the vast majority of Fed officials expect rate cuts later this year. It's unclear whether considering a rate cut in July is too early. We will not rule out any meeting (for potential action), as it will depend on the data.
According to Jinshi Data, Federal Reserve Chair Powell: The vast majority of Fed officials expect rate cuts later this year. Can't say whether considering a rate cut in July is too early. Not ruling out any meeting (for action), decisions will depend on the data.
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