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Fed’s Schmid: It remains to be seen how much more Fed will cut and where rates settle

Rate cuts to date are an acknowledgement of growing confidence that inflation is on the path to 2% goalHope productivity growth can outrun the effects of slowing population growthWon’t let enthusiasm over rising productivity get ahead of data or commitment to reaching Fed goals

There isn’t much of a hint on anything here.

This article was written by Adam Button at www.forexlive.com.

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