Atlanta Fed's Bostic Expects One Rate Cut This Year, Emphasizes Housing Affordability Amid Signs of Economic Slowdown on Nostr: US Inflation Rate at 3.3% in May 2024, Below Expectations =============== #b4a637a9 ...
US Inflation Rate at 3.3% in May 2024, Below Expectations
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#b4a637a9 ver:1.38
The US inflation rate was 3.3% in May 2024, slightly below expectations. The Federal Reserve plans to maintain interest rates, with only one rate cut expected this year. Inflation has remained above the target, but the Fed is cautious and will gradually lower rates if there are no spikes in job and inflation data. The cooler-than-expected inflation report has increased the likelihood of a rate cut in September. #inflation #interestrates #economy...
#newstr #UsFederalReserve #InterestRates #Inflation #EconomicGrowth #Unemployment
https://here.news/story/b4a637a9?ver=1.38
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#b4a637a9 ver:1.38
The US inflation rate was 3.3% in May 2024, slightly below expectations. The Federal Reserve plans to maintain interest rates, with only one rate cut expected this year. Inflation has remained above the target, but the Fed is cautious and will gradually lower rates if there are no spikes in job and inflation data. The cooler-than-expected inflation report has increased the likelihood of a rate cut in September. #inflation #interestrates #economy...
#newstr #UsFederalReserve #InterestRates #Inflation #EconomicGrowth #Unemployment
https://here.news/story/b4a637a9?ver=1.38