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Fed could cut interest rates in 2024, Williams says

Source: Reuters

NEW YORK, Nov 28 (Reuters) - New York Federal Reserve President John Williams on Monday declined to say how fast and how far he believes the U.S. central bank will need to raise interest rates over coming months but reckons a rate cut is possible in 2024 as inflation pressures ease."I do think we're going to need to keep restrictive policy in place for some time; I would expect that to continue through at least…

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Read the original source at Reuters