Pulais: Expects the Federal Reserve to maintain interest rates this month, with a possible rate cut in October
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Blerina Uruci, Chief U.S. Economist at Plante Moran, expects the Federal Reserve to maintain interest rates at 4.25% to 4.5% in the upcoming FOMC meeting and may cut rates in October. She noted that although inflation remains stubborn, it is not enough to prompt FOMC hawkish officials to shift their stance. The market may interpret this as a dovish signal, anticipating two rate cuts in the future. She believes that the current monetary policy is too tight, and the likelihood of a rate cut in October is higher than in September
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