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Fed Faces High Bar for Big Cuts Despite White House Pressure

The Federal Reserve is poised to lower interest rates in September. But signs of stickier inflation could limit how much relief officials can ultimately provide to borrowers.

Colby Smith
Author: Colby Smith

Written by

Colby Smith

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Consumer Price Index, Customs (Tariff), Federal Reserve System, Inflation (Economics), Interest Rates, Powell, Jerome H, Service Industries, Stimulus (Economic), United States, United States Economy
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