The Federal Reserve sends a clear signal, Bolvin says it will take a cautious approach to rate cuts
ChainCatcher news, according to Golden Ten Data, Gina Bolvin, President of Bolvin Wealth Management Group, stated that the Federal Reserve's 25 basis point rate cut sends a clear signal. She pointed out that a weakening labor market and persistent inflation have prompted policymakers to take action, but the pace is gradual. Bolvin emphasized that this is not a policy shift, but a prudent move, and that future inflation and employment data will determine the subsequent path.
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