Slower US Inflation Is Set to Fuel Fed Cut Optimism
2 min read
The pulse of US inflation likely continued to slow at the start of the year, helping to feed expectations that the Federal Reserve will find interest-rate cuts more palatable in the coming months.
Author of the article:
Published Feb 10, 2024 • 6 minute read
Article content
(Bloomberg) — The pulse of US inflation likely continued to slow at the start of the year, helping to feed expectations that the Federal Reserve will find interest-rate cuts more palatable in the coming months.
The core consumer price index, a measure that excludes food and fuel for a better picture of underlying inflation, is seen increasing 3.7% in January from a year earlier.
Advertisement 2
Bloomberg News
2024-02-10 16:29:55
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…
