Barron's Weekly: Market Focuses on Federal Reserve Meeting Minutes to Seek Clues for Timing of Interest Rate Cut
Golden Finance reports that Barron's Weekly has stated the Federal Reserve has hinted it is not in a hurry to further cut interest rates due to persistent inflation. Investors will look for clues from the minutes of the Fed's meetings to see how long interest rates can be maintained at current levels. President Trump's new fiscal policies, namely deregulation, tax cuts and potential stimulus measures may promote economic growth, further reducing the need for continued rate cuts.
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