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Fed's Balkin: Underlying Outlook for 2025 Positive, Growth Faces More Upside Than Downside Risks

Fed's Balkin: Underlying Outlook for 2025 Positive, Growth Faces More Upside Than Downside Risks

Bitget2025/01/03 16:59

Fed's Balkin said the underlying outlook for 2025 is positive, with more upside than downside risks to growth. Inflation is still not back to the target level, still need more efforts; there are some potential upside risks to inflation. 2025 story will focus less on monetary policy, more attention to economic fundamentals, and perhaps geopolitics.

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