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...Even so, some economists believe recent US data — notably on inflation — will force the central bank to be more cautious....
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...Thierry Wizman, global interest rates and currencies strategist at Macquarie Group, said Fed chair Jay Powell “sounded very dovish” following the central bank’s March rate decision “and yet the dovishness...
...in a brazen challenge to the US central bank’s independence....
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...That marked six months of “good news” on inflation, Fed chair Jay Powell acknowledged. But the central bank wants even more data, and even more certainty....
...Federal Reserve chair Jay Powell has warned against being “misled” by good data on prices, saying the mission to return inflation to the US central bank’s 2 per cent target has a “long way to go”....
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...The Federal Reserve is “not far” from having the confidence to start cutting interest rates, its chair Jay Powell has said, bolstering hopes that the central bank will lower borrowing costs in the coming...
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