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- Inflation has slowed since June, the overall economy remains very strong, the FED sees no signs in the economy indicating an increased risk of economic recession.
- Inflation has decreased significantly, although it is still above the FED's target, but it is approaching the 2% target.
- The increased risk of inflation has weakened, but the risk of recession in the labor market is increasing. Therefore, the FED decided to cut interest rates by 50 basis points. (To keep the labor market safe while maintaining moderate economic growth and easing inflation - a soft landing).
- If appropriate, the FED can accelerate or slow down the pace of interest rate cuts, or even choose to temporarily pause interest rate cuts depending on the data in the coming period.
🔴 The Fed will review two non-farm payroll reports before the next meeting.