Analysts: US economy cools, but Fed in no rush to cut rates
According to Jinshi, analyst Bryan Mena said that in the first quarter of this year, the US economy cooled more than expected, but it remained at a solid level by historical standards. Economic growth has slowed steadily over the past 12 months, which is a good sign for lower interest rates in the future, but the Federal Reserve has made it clear that it is not in a hurry to cut interest rates.
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