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The Federal Reserve implemented a 25 basis point rate cut this month, achieving what many market participants view as a "soft landing" for the economy in 2024. However, concerns about inflation persist, as the transition to a new presidential administration has raised fears about potential inflationary pressures returning.
Yahoo Finance Senior Fed Reporter Jennifer Schonberger analyzes these developments and explores the outlook for inflation heading into 2025.
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This post was written by Angel Smith