Differing Opinions on Federal Reserve Rate Cuts Ahead of US Presidential Election on Nostr: US Inflation Slows Again, Fed Cautious on Rate Cuts =============== #504cefd6 ver:1.4 ...
US Inflation Slows Again, Fed Cautious on Rate Cuts
===============
#504cefd6 ver:1.4
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 emphasized the need for more evidence before cutting rates. Most economists expect the first rate cut in September. The Fed's next policy meeting is scheduled for July 30-31. #inflation #Fed #interestrates...
#newstr #UsInflation #FederalReserve #InterestRates
https://here.news/story/504cefd6?ver=1.4
===============
#504cefd6 ver:1.4
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 emphasized the need for more evidence before cutting rates. Most economists expect the first rate cut in September. The Fed's next policy meeting is scheduled for July 30-31. #inflation #Fed #interestrates...
#newstr #UsInflation #FederalReserve #InterestRates
https://here.news/story/504cefd6?ver=1.4