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Rate decisions loom, and flash PMIs have a message for central banks, markets

For the Fed, the problem is that inflation in the services sector remains high on account of wage pressures, despite a slowing economy

July 25, 2023 / 07:12 IST
The US Fed is expected to raise its policy rate by another 25 basis points this week and the markets are expecting it to be the final rate hike in this cycle
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