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It seems already a done deal, that the Federal Reserve will cut rates in September by 0.25 %.
Actually, the coming interest rate cutting cycle by the central bank of the United States would not be long or durable, in Wolfteam Ltd.'s view.
Prices are still high at the store and the sporadic discounts by the stores are doing little to make goods more affordable. Inflation is not rising, but prices remain high.
The Federal Reserve will sooner rather than later have to do something about this, namely to start raising rates back again.
But for now we are in for a mini rate cutting cycle.
English (US) ·