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Analysts Speculate on the Possibility of Rate Hikes Similar to the Volcker Era /
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2024-04-25 18:57:50

Analysts Speculate on the Possibility of Rate Hikes Similar to the Volcker Era on Nostr: US Economic Growth Slows to Lowest Rate in Two Years as Inflation Surges, Raising ...

US Economic Growth Slows to Lowest Rate in Two Years as Inflation Surges, Raising Concerns About Rate Cuts
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#d85b6eb2 ver:0.4

US economic growth slows to lowest rate in 2 years, raising concerns about rate cuts. Q1 GDP rises 1.6%, below estimates. Inflation surges, with core PCE price index at 3.7%. Fed hopes for inflation fade to cut rates, but traders see 60% chance of rate cut in Sept. Weak GDP data has caveats, indicating underlying strength. Conflicting data on growth and inflation pose challenges for Fed. #Economy #Inflation #RateCuts...

#newstr #UsEconomy #EconomicGrowth #Inflation #Gdp #PcePriceIndex #FederalReserve #InterestRates

https://here.news/story/d85b6eb2?ver=0.4
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