The Manila Times on Nostr: Slower US inflation buoys rate cut hopes ========== US consumer inflation eased ...
Slower US inflation buoys rate cut hopes
==========
US consumer inflation eased slightly last month, government data published Wednesday showed. The data supports President Joe Biden's messaging that the US economy has turned a corner. It is seen as a positive sign for Biden ahead of November's election and helps quell consumers' concerns about rising prices. The inflation data is expected to buoy hopes for a rate cut.
#UsInflation #RateCut #JoeBiden #DonaldTrump
https://www.manilatimes.net/2024/05/17/business/slower-us-inflation-buoys-rate-cut-hopes/1947068
==========
US consumer inflation eased slightly last month, government data published Wednesday showed. The data supports President Joe Biden's messaging that the US economy has turned a corner. It is seen as a positive sign for Biden ahead of November's election and helps quell consumers' concerns about rising prices. The inflation data is expected to buoy hopes for a rate cut.
#UsInflation #RateCut #JoeBiden #DonaldTrump
https://www.manilatimes.net/2024/05/17/business/slower-us-inflation-buoys-rate-cut-hopes/1947068