Attention Economy


Wednesday, April 10, 2024

Is a June Rate Cut Off the Table?

Fed Rate Cuts Are Now a Matter of If, Not Just When
Central bank officials started the year with the wind seemingly at their backs. No more.
 
Inflation Was Hotter Than Expected in March, Unwelcome News for the Fed
https://www.nytimes.com/2024/04/10/business/cpi-inflation-fed.html
The surprisingly stubborn reading raised doubts about when — and even whether — the Federal Reserve will be able to start cutting interest rates this year.