US inflation sees moderate rise in March, Fed interest rate cuts unlikely soon
Friday, 26 April 2024 () In March, U.S. inflation saw a moderate increase but it is highly unlikely to alter financial markets’ hopes that the Federal Reserve will not cut off interest rates until September this year. PCE price index On Friday, the Commerce Department’s Bureau of Economic Analysis stated that the PCE price index increased 0.3% in March. In […]
Key Federal Reserve Inflation Gauge , Rose 2.8% in March.
According to Commerce Department
data released on April 26.
the personal consumption expenditures
(PCE) price index, not including food or energy, rose 2.8% year-over-year in March. .
That exceeded Dow Jones
estimates of 2.7%, CNBC...
Stock Markets Rally , Amid Investor Hopes for , Interest Rate Cuts in 2024.
On the morning of May 15, both the S&P and the
Nasdaq hit all-time highs after new data suggested
inflation may be easing..
Credit: Wibbitz Top Stories Duration: 01:30Published
President Joe Biden has two obstacles standing in the way of his reelection. His failure at the border, and the crippling inflation caused by his Bidenomics agenda. Inflation stood at 1.4% the month..
March Retail Sales , Exceeded Expectations.
New Commerce Department data surprised
some analysts on April 15, 'The Hill' reports. .
The agency's latest estimates indicate
that March retail sales..
Credit: Wibbitz Top Stories Duration: 01:30Published
Friday, 26 April 2024 ()
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