December May Be Last Fed Rate Cut of Powell Tenure: Claudia Sahm
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AI-PoweredClaudia Sahm, chief economist at New Century Advisors, expects a divided Federal Reserve in December but anticipates a potential rate cut, although she emphasizes it's not a certainty.
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Claudia Sahm, New Century Advisors chief economist, says she expects a divided Federal Reserve in December but suspects there will be a rate cut. Speaking on Bloomberg Television, Sahm also says a rate cut in December is not a "done deal." (Source: Bloomberg)
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