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 Americans have spent their savings. Economists worry about what comes next READ MORE Federal Reserve expected to cut rates, lift Biden’s prospects READ MORE Analysts See Gold Reaching $2,600 per Ounce Amid Strong Market Demand READ MORE For a record 446 days, this recession indicator pointed to a downturn that never arrived READ MORE Add a Comment Cancel replyYour email address will not be published.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
