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    ‌
    7/26/2024

    Fed Signals Potential September Rate Cut as Inflation Steadies

    The Federal Reserve’s preferred inflation gauge, the Personal Consumption Expenditures (PCE) Index, showed signs of stabilization in June, potentially paving the way for a rate cut in September. This development has caught the attention of economists and market watchers alike, as it could mark a significant shift in the Fed’s monetary policy.

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