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Confounding US economic, inflation data muddy Fed’s rate path /
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2024-04-30 19:05:23

Confounding US economic, inflation data muddy Fed’s rate path on Nostr: US Federal Reserve Expected to Maintain Interest Rates Amid Rising Inflation ...

US Federal Reserve Expected to Maintain Interest Rates Amid Rising Inflation
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#2140b79c ver:0.36

The US Federal Reserve is expected to maintain interest rates amid rising inflation, with no rate cuts anticipated until the second half of the year. Inflation remains above the Fed's 2% target, making rate cuts unlikely at this time. Forecasts from major Wall Street banks vary on the timing of the first rate cut, with JPMorgan and Goldman Sachs predicting July, Wells Fargo predicting September, and Bank of America expecting December. The uncertainty surrounding rate cuts has increased due to falling inflation rates in Q1. The Fed will maintain a cautiously-hawkish stance until sustained lower inflation is seen. #FederalReserve #InterestRates #Inflation...

#newstr #FederalReserve #InterestRates #Inflation #EconomicGrowth #FederalOpenMarketCommittee

https://here.news/story/2140b79c?ver=0.36
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