US Fed on the ‘horns of dilemma’ as it weighs rate cut decision
A cut would deviate from the central bank's recent pauses, which have seen rates hold steady since a 50 basis point cut last September.
The US Federal Reserve chair Jerome Powell.
Several central banks have big decisions to make this week, but eyes will be on the US Federal Reserve. Scheduled to meet on September 17 (US time), the central bank finally looks set to cut rates.
Last week, weekly unemployment claims surpassed expectations and the monthly Consumer Price Index
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