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FOMC officials will speak, the focus will still be on the future direction of interest rates

Currently, Nonfarm payroll data has deteriorated a lot. In addition, the unemployment rate is increasing, so the tone of the FOMC will have to be very careful. High interest rates will be an obstacle for the economy and have had negative impacts on the economy and that is shown through recent data.

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Last updated: 11/07/2023 05:40

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