shawn on Nostr: “Even though the current inflation rate is better than last March’s 4.9% rate, it ...

“Even though the current inflation rate is better than last March’s 4.9% rate, it signifies the highly anticipated rate cuts investors were banking on may not come this year. Now, instead, they may need to brace for another rate hike as interest rates stand at a 23-year high.”

quoting note1g4v…8h7m

“long-predicted”

soft landing they said

https://www.cnn.com/2024/04/10/economy/economic-storm-clouds-as-inflation-stalls/index.html