Lessons Learned from the Last Four Years of Managing Inflation on Nostr: US Inflation Drops to 0% in May, Opening Door for Fed Cuts =============== #f9660aca ...
US Inflation Drops to 0% in May, Opening Door for Fed Cuts
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#f9660aca ver:0.63
US inflation drops to 0% in May, opening door for Fed cuts. Federal Reserve may consider rate cut in September as CPI reading brings y/y figure to 3.3%. Markets react positively, S&P500 up 1.3%, US dollar and yields drop. Fed cautious, waiting for progress towards 2% inflation goal. #inflation #Fed #economy...
#newstr #FederalReserve #Inflation #InterestRates
https://here.news/story/f9660aca?ver=0.63
===============
#f9660aca ver:0.63
US inflation drops to 0% in May, opening door for Fed cuts. Federal Reserve may consider rate cut in September as CPI reading brings y/y figure to 3.3%. Markets react positively, S&P500 up 1.3%, US dollar and yields drop. Fed cautious, waiting for progress towards 2% inflation goal. #inflation #Fed #economy...
#newstr #FederalReserve #Inflation #InterestRates
https://here.news/story/f9660aca?ver=0.63