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Coingape

Fed's Hammack Signals No Rush to Cut Rates as January Hold Odds Near 80%

Cleveland Fed President Beth Hammack has said that there is no urgency to cut interest rates. Her comments come after three straight rate cuts totaling 75 basis points this year. Meanwhile, prediction markets now price nearly an 80% chance the Fed holds rates in January. Is the Fed Done Cutting Rates Till Spring? Hammack toldThe post Fed's Hammack Signals No Rush to Cut Rates as January Hold Odds Near 80% appeared first on CoinGape.

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