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IMF First Vice President: Fed rate cut in second half of 2024 reasonable

IMF First Vice President: Fed rate cut in second half of 2024 reasonable

2024/02/12 17:42

IMF First Deputy Managing Director Gopinath said that given the state of the US labour market and consumer sentiment, it would be reasonable for the Fed to "move cautiously" and wait until the second half of 2024 to cut rates.

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