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Differing Opinions on Federal Reserve Rate Cuts Ahead of US Presidential Election /
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2024-07-03 07:57:23

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:1.37

US inflation is slowing again, prompting caution from the Fed on rate cuts. The Fed wants to see further slowing towards their 2% target before considering cuts. Cutting rates too soon risks re-accelerating inflation, while waiting too long weakens the economy. Recent data shows consumer prices unchanged and inflation dropping to 2.6%. The Fed can take its time, with most economists expecting a rate cut in September. #inflation #Fed #economy...

#newstr #UsInflation #FederalReserve #InterestRates

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