What factors have led to the Federal Reserve's high bar for rate cuts?
Lockhart Says Fed Rate Action Unlikely in Next Few Months

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Business, Social Studies
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University
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How does the trade war impact the US economy according to the discussion?
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What is the significance of the ISM manufacturing index mentioned in the text?
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What role does consumer confidence play in the current strength of the US economy?
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What concerns does the Federal Reserve have regarding inflation expectations?
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What are the potential risks to the Federal Reserve's current policy as discussed?
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How does the speaker view the outlook for inflation and economic growth in the near future?
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