💨 Abstract
The US Federal Reserve is expected to lower interest rates by June, as per Jefferies' 'Greed and Fear' report. The Fed will assess data and market conditions before making a decision. The Committee aims to achieve maximum employment and inflation at 2%. Uncertainty around the economic outlook has increased, with the Fed noting risks to both inflation and growth. The Trump tariffs have caused concerns about persistently higher inflation in the US.
Courtesy: theprint.in
Summarized by Einstein Beta 🤖
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