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Clarida: The Federal Reserve's interest rate decision is "constructively dovish," and AI and tax cuts can offset the impact of oil prices
According to Jinshi reports, Pimco global economic advisor and former Federal Reserve Vice Chairman Clarida stated that the result of this Federal Reserve interest rate decision is "constructively dovish." He added that artificial intelligence supports economic demand, and to some extent, it, along with the BBB (Big Beautiful Bill) tax cuts, may offset the drag caused by rising oil prices.
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