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GTC News posted an update
12 months ago (edited)
The Federal Reserve announced cuts in its economic growth forecasts for 2022 due to rising inflation, impacting wealth rates. These adjustments reflect ongoing challenges in balancing economic expansion with inflationary pressures.
Source: Associated Press. (2024, April 29). Federal Reserve cuts economic growth forecasts amid inflation. AP NEWS. https://apnews.com/article/inflation-economy-wealth-rates-federal-reserve-cuts-9290216e89cbd7a3a0d2be66041aeaf8
