According to a recent MarketWatch report, the Federal Reserve’s upcoming decision on interest rates is contingent upon two pivotal inflation updates due within the next 48 hours. These reports are viewed as the primary indicators that will guide policymakers at the central bank.
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MarketWatch quoting MarketWatch. Classic. Will they actually say anything new?
My mortgage renewal depends on this. Please let inflation cool down already!
Is forty-eight hours really enough time to make a rate decision? Seems rushed.
Finally, some patience from the Fed. Let the data speak before they panic again.