Federal Reserve Signals Potential for Gradual Rate Cuts as Inflation Declines

In a noteworthy development for the U.S. economy, Federal Reserve Governor Michelle Musalem has indicated that the central bank may consider gradual reductions in interest rates if the trajectory of inflation continues to decrease. This statement emerges amidst ongoing discussions about monetary policy adjustments and suggests a potentially more accommodating stance from the Fed in the wake of consistent inflation moderation.

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