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flag Fed officials wary of cutting rates amid inflation concerns, ahead of Powell's key speech.

flag Federal Reserve officials are concerned about rising inflation due to tariffs, prioritizing it over employment risks. flag They are hesitant to cut interest rates until the impact of tariffs on inflation is clearer. flag Investors await Jerome Powell's speech for hints on future rate cuts, amid mixed market performance. flag Powell's remarks could influence whether the Fed will lower rates in September, potentially boosting the economy.

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