LBLV provides an overview of economic news.
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The main economic news for Wednesday, May 22:
1. Weak inflation could spur Fed to cut rates
James Bullard, President of the Federal Reserve Bank of St. Louis, said on Wednesday that Fed may cut interest rates on grounds of further weakness in inflation, even if economic growth maintains its momentum.
The risk of missing 2% inflation target and the trade war were two key macroeconomic hurdles to the policy-setti
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