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MLCC Market Bulletin_20240910
Last Modified
2024-09-10
Update Frequency
Aperiodically
Format
Overview
Recent economic data from the US have consistently shown a cooling trend in the domestic labor market. Coupled with inflation continuing on a downward trajectory towards 2%, this has prompted Federal Reserve Chair Jerome Powell to announce at the Jackson Hole Economic Symposium that “the time has come to adjust monetary policy.” With an imminent start to a cycle of interest rate cuts, economic and social pressures related to financing and borrowing are expected to gradually ease...
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