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'The market is right': Former Fed policymaker Mester sees fewer rate cuts next year after Trump's victory

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Summary
Nutrition label

75% Informative

The U.S. Federal Reserve could carry out fewer rate cuts than previously expected next year should President-elect Donald Trump's proposed global tariffs take hold, former Fed policymaker Loretta Mester said Tuesday .

Mester indicated that the Fed 's outlook was set to change under the incoming Republican administration's fiscal plans.

Markets trimmed their forecasts for rate cuts following Trump 's election victory last week .

VR Score

86

Informative language

92

Neutral language

57

Article tone

semi-formal

Language

English

Language complexity

55

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

short-lived

External references

no external sources

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