Source: Coindesk.com
Thursday's CPI report showed further signs of cooling prices although inflation is far from the Fed's 2% goal. However, the Fed might be more focused on the labor market, which could become a threat if it slows down significantly more. Odds for a rate cut in September have increased to nearly 95%.
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The post "Fed Might Focus on Weakening Labor Market Rather Than Inflation as It Mulls Rate Cuts: Economists" appeared first here Coindesk.com.
Source: Coindesk.com
