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The Federal Reserve and the rate of Interest

The Federal Reserve (Fed) is adopting a cautious approach towards inflation and the possibility of reducing interest rates in 2024.

During the "Central Banking in the Post-Pandemic Financial System" event on Wednesday, Susan Collins, President of the Federal Reserve Bank of Boston, highlighted that it will take more time to make adjustments to interest rates.

Furthermore, Fed Governor Christopher Waller stated that he would need to see several additional months of favorable inflation data before he could confidently endorse a policy easing.

Dr. Kamaran Qader Yaqub,

Financial Consultant at Investment Spot company. 

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