Charting the Global Economy: US, Europe Inflation Stays Elevated
2 min read
Inflation remains elevated in the US and euro-zone, supporting assertions from central bankers in both regions that it’s too soon to start cutting interest rates.
Author of the article:
Published Mar 02, 2024 • 3 minute read
![g(v]417h]t287is9v2449s2r_media_dl_1.png](https://smartcdn.gprod.postmedia.digital/financialpost/wp-content/uploads/2024/03/the-russian-north-korean-trade-connection-two-ports-suspect.jpg?quality=90&strip=all&w=288&h=216&sig=3zSF_aLHzb_RMFLNhfG-3w)
Article content
(Bloomberg) — Inflation remains elevated in the US and euro-zone, supporting assertions from central bankers in both regions that it’s too soon to start cutting interest rates.
The Federal Reserve’s preferred gauge of underlying inflation rose in January by the most in a year, while price pressures in the euro-area eased less than anticipated in February.
Advertisement 2
Bloomberg News
2024-03-02 05:39:13
All news and articles are copyrighted to the respective authors and/or News Broadcasters. VIXC.Com is an independent Online News Aggregator
Read more from original source here…
