Odds against rate cuts high as new US Fed chair set for swearing in

The upcoming swearing-in of the new US Federal Reserve chair coincides with increasing speculation that interest rate cuts are unlikely in the near future. Economic indicators suggest persistent inflation, which may prompt the Fed to maintain or even raise rates instead of cutting them. Analysts believe that the new chair will likely continue the current monetary policy approach, emphasizing stability over aggressive rate reductions. Market reactions indicate a cautious outlook as investors await further guidance from the Fed on future monetary policy decisions.

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