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🗣️ Fed's Daly: •I'm not happy with inflation at 2.5%, but we've found balance with the labor market. •We don't know what the next administration is going to do, so the data is important to me. •It's time to watch carefully and wait before cutting rates any further. •My guess is that there will be much less rate cuts next year than we think.
🚨Fed: •The Fed sees risks to inflation and employment targets as more or less balanced, as in November.
•The rate cut decision was made by 11 votes to 1.
•When evaluating the timing and size of additional rate adjustments, future data, the development of the outlook and the balance of risks will be taken into account.