Moderate Inflation Easing Keeps Fed’s InterestRate Cuts on Hold Japan wage talks, UK pay numbers will draw investor attention China, Sweden, Brazil will release consumer-price numbers A shopper inside a clothing store in the Soho neighborhood of New York.Photographer: Shelby Knowles/Bloomberg Inflation in the US probably abated only gradually last month and retail sales rebounded, illustrating why the Federal Reserve is in no rush to lower interest rates. The core consumer price index, a measure that excludes food and fuel for a better picture of underlying inflation, is seen rising 0.3% in February from a month earlier after a 0.4% advance to start the year. The Labor Department will issue its CPI report on Tuesday. « Previous Article Next Article » Share This Article Choose Your Platform: Facebook Twitter Google Plus Linkedin Related Posts Gold ETFs Wane Despite Highs: A Glimmer of Hope on the Horizon? READ MORE US business activity cools in April; inflation measures mixed READ MORE Expect Higher Interest Rates Through the End of 2024. Fed Blames ‘Lack of Progress’ on Inflation READ MORE Morgan Stanley Economist Foresees Inevitable Recession Due to Fed's Rate Hikes READ MORE Add a Comment Cancel replyYour email address will not be published. Required fields are marked *Name * Email * Save my name, email, and website in this browser for the next time I comment. Comment
