The International Monetary Fund expects the US PCE inflation rate to return to the target level of 2% by mid-2025, and the Federal Reserve should not lower its policy rate until at least the end of 2024.
The International Monetary Fund expects the US PCE inflation rate to return to the target level of 2% by mid-2025, and the Federal Reserve should not lower its policy rate until at least the end of 2024.
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