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Rouula Khalaf, editor of FT, selects her favourite tales on this weekly publication.
Federal Reserve officers indicated final month who needed to see “additional progress on inflation” earlier than any new cuts at rates of interest, for the reason that United States central financial institution maintained secure financial coverage within the face of excessive uncertainty about prospects .
According to the minutes from the January assembly of the Federal Committee of the Open Market, nearly all of the US central bankers declared that it needed to undertake a “attentive” strategy to any variation of financial coverage.
The Fed final month maintained the principle rate of interest secure at an interval between 4.25 p.c and 4.5 p.c.
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