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Recent data on inflation, labor market, and consumer spending indicate the Fed may delay interest rate cuts. While retail sales show a slowdown, economic indicators suggest a cautious approach by the Fed.
Fed gets more reasons to delay interest-rate cuts https://t.co/XWh8NgPDuC https://t.co/iurnCnppfC
Fresh data on inflation and unemployment filings gave Federal Reserve officials more reasons to hold off on cutting interest rates, even as retail sales suggested a slowdown in consumer spending, according to Bloomberg https://t.co/wjWnuddWv8
Consumer activity was less robust than forecasters hoped, though slowing economic indicators likely won't speed and rate cut timing by the Fed. https://t.co/HZ3AKlGPFE
