The Fed's rate-cut signals could prompt a fresh bout of inflation, economists say

10/15/2023, 12:10 AM
businessinsider.com

The Fed's rate-cut signals could prompt a fresh bout of inflation, economists say

Liu Jie/Xinhua via Getty Images

The Federal Reserve on Wednesday signaled three interest rate cuts in 2024, sending the financial markets cheering — the Dow Jones Industrial Index closed at fresh record highs for two straight days, and commodities rallied.

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