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Boston Fed: One Rate Cut Expected This Year Due to Uncertainties

2025-05-16 16:10

BlockBeats News, May 16th, Boston Fed of the Federal Reserve stated that due to uncertainty, a rate cut is expected this year. The economic growth rate for this year may be 1% or 0.5%. Economic growth is expected to slow down, but I don't think a recession will occur. (Xinhua Finance)

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