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πŸ—žοΈ Powell: Fed still sees rate cuts this year; election timing won't affect decision

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Powell: Fed still sees rate cuts this year; election timing won't affect decision

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2024-04-03 - (from ABC News: US)

Federal Reserve officials will likely reduce their benchmark interest rate later this year, Chair Jerome Powell said, despite recent reports showing that the U.S. economy is still strong and that U.S. inflation picked up in January and February

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[USA] 🌎 https://abcnews.go.com/US/wireStory/powell-federal-reserve-track-cut-rates-despite-signs-108805750 [🧠] [v2] article_embedding_description: {:llm_project_id=>"Unavailable", :llm_dimensions=>nil, :article_size=>498, :llm_embeddings_model_name=>"textembedding-gecko"}
[🧠] [v1/3] title_embedding_description: {:ricc_notes=>"[embed-v3] Fixed on 9oct24. Only seems incompatible at first glance with embed v1.", :llm_project_id=>"unavailable possibly not using Vertex", :llm_dimensions=>nil, :article_size=>498, :poly_field=>"title", :llm_embeddings_model_name=>"textembedding-gecko"}
[🧠] [v1/3] summary_embedding_description: {:ricc_notes=>"[embed-v3] Fixed on 9oct24. Only seems incompatible at first glance with embed v1.", :llm_project_id=>"unavailable possibly not using Vertex", :llm_dimensions=>nil, :article_size=>498, :poly_field=>"summary", :llm_embeddings_model_name=>"textembedding-gecko"}
[🧠] As per bug https://github.com/palladius/gemini-news-crawler/issues/4 we can state this article belongs to titile/summary version: v3 (very few articles updated on 9oct24)

πŸ—Ώarticle.to_s

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Title: Powell: Fed still sees rate cuts this year; election timing won't affect decision
Summary: Federal Reserve officials will likely reduce their benchmark interest rate later this year, Chair Jerome Powell said, despite recent reports showing that the U.S. economy is still strong and that U.S. inflation picked up in January and February

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PublishedDate: 2024-04-03
Category: USA
NewsPaper: ABC News: US
Tags: US
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