Tesla, Google, Oracle, and Biden Tax Hikes Headline Financial Markets on Nostr: Latest US Inflation Report Provides Clues to Future Path of Prices and Interest Rates ...
Latest US Inflation Report Provides Clues to Future Path of Prices and Interest Rates
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#5eb626c0 ver:0.73
The latest US inflation report shows a dip in year-over-year inflation to 3.4% in April, with core inflation at 3.6%, the lowest in three years. This has implications for interest rates and the presidential race. Federal Reserve Chair Jerome Powell expects inflation to reach the central bank's 2% target but has weakened confidence. Rising rents and auto insurance are driving persistent inflation. Economists are divided on whether recent high inflation reflects price growth or pandemic-related distortions. #inflation #interestrates #economy...
#newstr #UsInflation #Prices #InterestRates #FederalReserve
https://here.news/story/5eb626c0?ver=0.73
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#5eb626c0 ver:0.73
The latest US inflation report shows a dip in year-over-year inflation to 3.4% in April, with core inflation at 3.6%, the lowest in three years. This has implications for interest rates and the presidential race. Federal Reserve Chair Jerome Powell expects inflation to reach the central bank's 2% target but has weakened confidence. Rising rents and auto insurance are driving persistent inflation. Economists are divided on whether recent high inflation reflects price growth or pandemic-related distortions. #inflation #interestrates #economy...
#newstr #UsInflation #Prices #InterestRates #FederalReserve
https://here.news/story/5eb626c0?ver=0.73