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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...
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Posted: Sep 15 2023, 15:36
Author Name: actionforex
Views: 110766