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More Rate Cuts Could Keep Inflation Elevated, Fed’s Beth Hammack Warns

Cleveland Fed President Beth Hammack has commented on the effects that further rate cuts could have on inflation. This comes amid uncertainty about whether the FOMC will make another Fed rate cut at the December meeting. Another rate cut is significant as it could provide a much-needed lift for Bitcoin and the broader crypto market.

The post More Rate Cuts Could Keep Inflation Elevated, Fed’s Beth Hammack Warns appeared first on CoinGape.

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