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After Inflation Improvement, a Quiet FOMC

The Breakdown

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Analysis of US Inflation Data and the FOMC Meeting

Detailed examination of the latest US inflation data presented at the FOMC meeting, including discussions on the minor decrease in both headline and core CPI inflation, the Fed's revised rate forecast with only one rate cut expected this year, and Federal Reserve Chairman Powell's remarks emphasizing a cautious stance on rate cuts and focus on domestic economic indicators.

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