Fed getting 'closer' to rate cuts, top officials say | REUTERS

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Top Federal Reserve officials said the US central bank is 'closer' to cutting interest rates given inflation's improved trajectory and a labor market in better balance in remarks that set the stage for a first reduction in borrowing costs in September.

#News #federalreserve #ratecuts #useconomy #usmarkets #servicesector #inflation #Reuters #Newsfeed

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