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CPI reports came in at a cooler than expected 0.2% rise than the anticipated 0.3%! This is good news overall for the economy signaling a slowing down of inflation rates but the FED will need to see further signs of cooling before they feel confident in reducing interest rates. The FED takes inflation very seriously and chooses their words carefully whenever discussing interest rate cuts in the face of inflation. The FED hasn’t promised anything, but analysts expect are now expecting a rate cut i
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