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U.S. Fed to Hold the Line on Rates as BoC Awaits Inflation Data

U.S. Fed to Hold the Line on Rates as BoC Awaits Inflation Data
The U.S. Federal Reserve is widely expected to hold the Fed funds rate at the 5.25-5.5% range next week. U.S. economic growth data remains exceptionally strong with GDP growth tracking a 3%+ rate in Q3 and employment is rising solidly. Still, job openings and quit rates have continued to trend lower, suggesting labour demand is […] The post U.S. Fed to Hold the Line on Rates as BoC Awaits Inflation Data appeared first on Action Forex... Read More
Posted: Sep 15 2023, 15:36
Author Name: actionforex
Views: 110766

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