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Federal Reserve's First Meeting Outlook
The US market is closely watching the Federal Reserve's decision in its first meeting led by Kevin Warsh, with expectations of keeping interest rates unchanged. Data shows that inflation increased to over 4% in May, the highest level in three years. Tensions are also mounting due to rising oil prices and the imposition of new tariffs, which may influence the central bank's policy. The committee is expected to reveal the interest rate path through the "dot plot," with the possibility of shifting from a rate cut to holding steady or even raising rates if inflationary pressures persist.
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