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US Fed likely to remain on pause and pare back rate cut expectations
US Fed likely to remain on pause and pare back rate cut expectations
Economy
by  AFP

The US Federal Reserve is likely to keep interest rates unchanged this week, but could pare back the number of cuts it has penciled in for this year, as policymakers digest a mixed bag of economic data. But with the data still painting a mixed picture, he is unlikely to rock the boat too much this week, according to Oxford Economics chief US economist Ryan Sweet.