Federal Reserve's Quarles: Significant Rate Cut Likely in the Next Year
By: theblockbeats.news|2025/07/18 23:42:10
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BlockBeats News, July 18th: Federal Reserve's Quarles stated that the latest Consumer Price Index data shows that tariffs have pushed up goods inflation, and he holds a "slightly concerned" attitude towards this.
"Seeing the debate about the Fed's independence saddens me. Interest rates are expected to drop significantly in the next year." (Fx678)
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