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Inflation above target delays Fed rate cuts, prompting cautious monetary policy.
Inflation pressures have resurfaced, raising doubts that the Federal Reserve will proceed with planned interest rate cuts, potentially ending the recent trend of monetary easing.
Recent data shows inflation remains above target, prompting officials to adopt a more cautious approach to avoid undermining economic stability.
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La inflación por encima del objetivo retrasa los recortes de las tasas de la Fed, lo que lleva a una política monetaria cautelosa.