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Brent Schutte: The Federal Reserve faces significant difficulties in the final stages of combating inflation

MarsBitNews
Mars Finance News, according to Jintiao reports, Northwest Mutual Wealth Management's Chief Investment Officer Brent Schutte stated that today's inflation data almost cannot change one fact: the Federal Reserve is facing significant difficulties in the final stages of combating inflation. The inflation rate remains well above the 2% target, with little progress. Although the soft labor market provides the Fed with an excuse to cut interest rates, as the labor market gradually recovers, investors have reason to consider whether the Federal Reserve needs to refocus on genuinely achieving its inflation target.
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