22-February-2024
Economy News
 
Slower US inflation set to fuel Fed Reserve's interest-rate cut optimism
12-Feb-2024

The pulse of US inflation likely continued to slow at the start of the year, helping to feed expectations that the Federal Reserve will find interest-rate cuts more palatable in the coming months. The core consumer price index, a measure that excludes food and fuel for a better picture of underlying inflation, is seen increasing 3.7 per cent in January from a year earlier.

News Source:- https://www.business-standard.com/world-news/slower-us-inflation-set-to-fuel-fed-reserve-s-interest-rate-cut-optimism-124021100059_1.html