Bond Traders Await CPI Data to Determine Market's Fate on Nostr: US Economy Faces Dual Challenges: Inflation Data and Fed's Rate Cut Decision ...
US Economy Faces Dual Challenges: Inflation Data and Fed's Rate Cut Decision
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#2f332139 ver:0.55
US economy faces dual challenges: inflation data and Fed's rate cut decision. May's CPI projected to rise by 3.4%, while core prices expected to increase by 3.6%. Fed likely to maintain rates but adjust dot plot for possible rate cuts. Concerns over wage growth and inflation control. Global economy sees steady growth but warns of trade barriers. Fed's cautious approach contrasts with other central banks. Inflation falls in May, raising expectations of a September rate cut. Economy a major issue in 2024 election. #economy #inflation #Fed #ratecut...
#newstr #UsEconomy #Inflation #FederalReserve #InterestRates #GlobalEconomy #Costs #AffordabilityCrisis
https://here.news/story/2f332139?ver=0.55
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#2f332139 ver:0.55
US economy faces dual challenges: inflation data and Fed's rate cut decision. May's CPI projected to rise by 3.4%, while core prices expected to increase by 3.6%. Fed likely to maintain rates but adjust dot plot for possible rate cuts. Concerns over wage growth and inflation control. Global economy sees steady growth but warns of trade barriers. Fed's cautious approach contrasts with other central banks. Inflation falls in May, raising expectations of a September rate cut. Economy a major issue in 2024 election. #economy #inflation #Fed #ratecut...
#newstr #UsEconomy #Inflation #FederalReserve #InterestRates #GlobalEconomy #Costs #AffordabilityCrisis
https://here.news/story/2f332139?ver=0.55