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By Staff Reporters
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Key inflation data incoming: February’s consumer price index report on Tuesday will provide fresh data to help the Fed decide when to lower interest rates. Last week, Chair Jerome Powell said he needed “just a bit more evidence” that inflation was coming back down to normal levels before reducing rates, though “we’re not far from it,” he acknowledged.
CITE: https://www.r2library.com/Resource
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Filed under: "Ask-an-Advisor", Accounting, Breaking News, Experts Invited, Financial Planning, Investing | Tagged: cost push, demand pull, fed, FOMC, inflation, inflation data, Jerome Powell |
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