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المشهد العربي
Fed Prioritizes Data for Rate Decisions
Federal Reserve Board member Philip Jefferson indicated that the U.S. central bank needs more precise data before making decisions about interest rate hikes. He reaffirmed that the decision to raise rates last month was a suitable step to curb inflation and achieve price stability. However, he emphasized the need for caution when considering any future changes, given that the economy is affected by shocks such as rising energy prices and changes in global trade policies.
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