U.S. inflation up 0.3% in January, Fed still expected to cut interest rates this year | CBC News
Briefly

"U.S. consumer prices increased more than expected in January amid rises in the costs of shelter and health care, but it likely won't change expectations that the Federal Reserve will start cutting interest rates in the first half of 2024."
"Policymakers in no hurry to lower rates Financial markets anticipate that the U.S. central bank will start cutting interest rates in May, though some economists are gravitating toward June, given the still tight labour market and persistently elevated services inflation."
Read at www.cbc.ca
[
add
]
[
|
|
]