
Markets and Economy What is the Federal Reserve, and how can it affect the economy?
The US central bank, known as the Federal Reserve System, uses interest rates and other tools to keep prices stable and employment strong.
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The US central bank, known as the Federal Reserve System, uses interest rates and other tools to keep prices stable and employment strong.
Economic and earnings data continued to point to a relatively Goldilocks backdrop for stocks and other risk assets.
Although the labor market began to slow, it’s not yet signaling a recession. Anchored inflation expectations may mean a rate cut is imminent.
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