November 7, 2024

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Uncertainty Over Fed Rate Cuts Intensifies With Sticky Inflation Metrics

1 min read
Uncertainty Over Fed Rate Cuts Intensifies With Sticky Inflation Metrics
Uncertainty Over Fed Rate Cuts Intensifies With Sticky Inflation MetricsAs each day unfolds, analysts, economists, Wall Street institutions, and Fed watchers have increasingly postponed their forecasts for when the U.S. Federal Reserve will reduce the benchmark interest rate. Current data suggest that a rate cut in June is unlikely, with odds standing at 50-50 for a reduction in July. Financial Analysts Question Timing of […]