Learn English: Fed's Interest Rate Dilemma: Balancing Inflation and Growth (hard)

3 days, 19 hours ago

Fed's Interest Rate Dilemma: Balancing Inflation and Growth

The Federal Reserve is expected to lower interest rates in September, aiming to boost the economy and help borrowers.

However, persistent inflation and mixed economic data create a significant challenge for the central bank.

The White House is pushing for aggressive rate cuts but the Fed Chair, Jerome Powell, is taking a more cautious approach.

Balancing economic growth with inflation control is the Fed's primary concern, leading to considerable debate.

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Source

Original: NY Times (Business)

Tags

#Federal Reserve #Interest Rates #Inflation #Economic Growth #Monetary Policy

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