So rare!

The Fed just made it official!

The latest statement from the Federal Reserve showed that the U.S. economy appears to be stable, but the weakness in the job market is worrying. The upcoming key data will have an important impact on the September policy meeting, which will determine the extent of the rate cut (0.25 or 0.5 percentage points). If the economy slows down significantly, the Fed may cut interest rates sharply to avoid a hard landing. The next few months will be a critical period for the Fed to balance economic growth and inflation.

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