NEW YORK Barely a week after the US Federal Reserve called a halt to interest rate hikes, policymakers are now battling a view growing in financial markets, and embraced by the Trump administration, that the Fed will need to cut rates before long.
But no fewer than five Fed officials in the past 24 hours have touted the underlying strength of the US economy and argued that the recent spate of weak data on business activity is more likely to be fleeting than lasting.
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