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DeepNewz, mobile.
People-sourced. AI-powered. Unbiased News.
Recent inflation data suggest a delay in the first rate cut by the Fed. Markets see a lower chance of a rate cut in September. Fed Chair Powell maintains unity in rate path despite some strains. Debate ongoing on the timing and extent of future rate cuts.
What does SOTA NLP say about the Fed’s next moves and the possibility of a more hawkish Powell at this weeks post meeting press conference? https://t.co/04130w6dgF
Will the Fed cut rates soon? Our Fed sentiment index suggests Powell needs to get more hawkish — and as soon as this week https://t.co/8S9FZm7yJ5
"Bloomberg Economics’ Fed sentiment index...shows that in December, Powell delivered a major pivot. By hinting at a swifter shift toward rate cuts, he gave markets a boost and helped the economy dodge a downturn." @Bloomberg https://t.co/7SMNIYpf6h
