The 'Great Inflation' won't be over until the Fed says so and stops hiking interest rates, chief economist says
US inflation may have cooled in March, but it's soon to say the threat is officially over, a veteran economist says.
Inflation, which spiked to a 40-year high last summer, appears to be slowing. The Consumer Price Index, the benchmark measure for the rate of US price growth,That's the lowest rate since May 2021, according to the Bureau of Labor Statistics.
México Últimas Noticias, México Titulares
Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.
Fed's Daly: Strength of economy, elevated inflation suggest more work to do on rate hikesSan Francisco Federal Reserve Bank President Mary Daly said on Wednesday that the strength of the US economy and elevated inflation suggests that they
Leer más »
Dollar soft as cooling US inflation brings end in sight for Fed rate hikesThe dollar remained subdued in Asian trade on Thursday after weakening overnight as cooler-than-anticipated U.S. inflation data stoked expectations that the Federal Reserve's monetary tightening will end next month with one last interest rate hike.
Leer más »
Inflation will come down hard regardless of the Fed's next move: RosenbergTop economist David Rosenberg says inflation will come down hard no matter what the Fed does - so more hikes would be a mistake
Leer más »
Fed's Barkin says he's still waiting for inflation to 'crack'The Federal Reserve has more work to do in bringing inflation back down to its 2% target because the latest data on price pressures is not sufficiently weak, Richmond Fed President Thomas Barkin said on Wednesday.
Leer más »
Wall St gains after Fed minutes, inflation dataThe S&P 500 gained ground on Wednesday after minutes from the Federal Reserve's March policy meeting revealed several voting members of the Federal Open Markets Committee (FOMC) considered a pause in interest rate hikes amid the regional bank liquidity crisis.
Leer más »
Wall Street closes lower after Fed minutes, inflation data By Reuters⚠️BREAKING: *WALL STREET CLOSES LOWER AFTER FED MINUTES, INFLATION DATA $DIA $SPY $QQQ $IWM $VIX 🇺🇸🇺🇸
Leer más »