Inflation shows signs of cooling and as Heard on the Street’s jdlahart explains, that might keep the Federal Reserve at bay when it comes to raising interest rates WSJWhatsNow
ShareWith the Fed determined to bring down inflation, the latest CPI release plays a major role in just how much more the central bank will want to tighten the screws on businesses and individuals looking to borrow money. Photo: Mike Blake/ Reuterslatest reading on U.S. consumer prices
is still too hot for the Fed’s comfort, Tuesday’s consumer price data adds to the case for it cooling rapidly enough that policy makers might opt to raise rates just one more time, or perhaps not raise them at all.Continue reading your article with
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