Differing Opinions on Federal Reserve Rate Cuts Ahead of US Presidential Election on Nostr: US Inflation Slows Again, Fed Cautious on Rate Cuts =============== #504cefd6 ...
US Inflation Slows Again, Fed Cautious on Rate Cuts
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#504cefd6 ver:1.38
US inflation is slowing again, prompting caution from the Federal Reserve on rate cuts. Fed Chair Jerome Powell wants to see further slowing of price growth before considering cuts, as cutting rates too soon could re-accelerate inflation. Recent data shows consumer prices unchanged and inflation dropping to 2.6%. Powell says the economy is healthy, allowing the Fed to take its time. Most economists expect the first rate cut in September. ECB President Lagarde also emphasizes data review before further rate cuts. #Inflation #Fed #RateCuts...
#newstr #JeromePowell #Inflation #InterestRates #FederalReserve #UsEconomy
https://here.news/story/504cefd6?ver=1.38
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#504cefd6 ver:1.38
US inflation is slowing again, prompting caution from the Federal Reserve on rate cuts. Fed Chair Jerome Powell wants to see further slowing of price growth before considering cuts, as cutting rates too soon could re-accelerate inflation. Recent data shows consumer prices unchanged and inflation dropping to 2.6%. Powell says the economy is healthy, allowing the Fed to take its time. Most economists expect the first rate cut in September. ECB President Lagarde also emphasizes data review before further rate cuts. #Inflation #Fed #RateCuts...
#newstr #JeromePowell #Inflation #InterestRates #FederalReserve #UsEconomy
https://here.news/story/504cefd6?ver=1.38