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Bloomberg Businessweek
Fed Minutes Show Broad Support for `Gradually' Lowering Rates
Nov 26, 2024
Michael McKee, Bloomberg News International Economics & Policy Correspondent, shares insights on the Federal Reserve's cautious optimism regarding interest rate cuts. Tom McGee, President of ICSC, reveals predictions for a significant surge in Black Friday spending, driven by online shopping trends. Andy Bennett, CEO of Driivz, discusses how changes in presidential leadership could reshape the EV industry and enhance charging infrastructure, along with the challenges in integrating EV charging into existing gas stations.
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Quick takeaways
- The Federal Reserve's minutes reveal a cautious approach to interest rate cuts, emphasizing a data-dependent stance amidst economic uncertainty.
- Discussions on new tariffs illustrate the complex relationship between international trade policies and their potential negative effects on American consumers.
Deep dives
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