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<ul class="wp-block-list news-points">
 <li>Economist Steve Englander argues against a 50 basis point rate cut, favoring a 25-point reduction due to inflation and unemployment concerns.</li>
 <li>Englander advocates for a measured approach to avoid amplifying economic downturns.</li>
 <li>The upcoming FOMC meeting is pivotal, with Englander stressing the long-term consequences of a wrong call on rate cuts.</li>
</ul>
Standard Chartered Bank economist Steve Englander has issued a warning against a <a href="https://www.theblockbeats.info/en/flash/263732" target="_blank" rel="noopener noreferrer nofollow">50 basis point rate cut</a> by the Federal Reserve, citing persistent inflation and rising unemployment. Given the current economic uncertainties, he recommends a more cautious 25 basis point reduction at the upcoming FOMC meeting.
<h2 class="wp-block-heading" id="h-inflation-and-unemployment-key-factors-in-the-fed-s-decision">Inflation and Unemployment: Key Factors in the Fed’s Decision</h2>
To add teeth to his analysis, Englander highlighted several key factors. Firstly, inflation remains a major concern, with the Fed’s 2% target still elusive. Recent U.S. economic data suggests that inflation may continue to challenge the Fed’s efforts to control it, making an aggressive rate cut potentially harmful.
Secondly, the rising unemployment rate indicates a possible economic slowdown. Englander points out that the recent increase in job losse…
The post <a href="https://coinedition.com/fed-rate-cut-economist-urges-caution-citing-inflation-and-unemployment/" rel="noopener noreferrer nofollow">Fed Rate Cut: Economist Urges Caution, Citing Inflation and Unemployment</a> appeared first on <a href="https://coinedition.com" rel="noopener noreferrer nofollow">Coin Edition</a>.

Fed Rate Cut: Economist Urges Caution, Citing Inflation and Unemployment

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