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2024-05-15 04:55:39

Tesla, Google, Oracle, and Biden Tax Hikes Headline Financial Markets on Nostr: US Inflation Report Shows Signs of Moderation in Prices and Interest Rates ...

US Inflation Report Shows Signs of Moderation in Prices and Interest Rates
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#5eb626c0 ver:0.72

The latest US inflation report shows signs of moderation in prices and interest rates. Year-over-year inflation dipped to 3.4% in April, while core inflation slowed to 3.6%, the lowest level in three years. Federal Reserve Chair Jerome Powell expects inflation to reach the central bank's 2% target but has weakened confidence in that forecast. Rising rents and auto insurance are key factors behind persistent inflation. #Inflation #InterestRates #Economy...

#newstr #UsInflation #Prices #InterestRates

https://here.news/story/5eb626c0?ver=0.72
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