Nick Timiraos, the “New Fed Watcher,” writes: Even if the conflict had never occurred, the door to Fed rate cuts would have been narrowing. The labor market is performing better than expected, and inflation, measured by PCE, is not falling as quickly as officials had hoped.FXBus

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2026-04-08 23:59:28

Nick Timiraos, the “New Fed Watcher,” writes: Even if the conflict had never occurred, the door to Fed rate cuts would have been narrowing. The labor market is performing better than expected, and inflation, measured by PCE, is not falling as quickly as officials had hoped.

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