The Federal Reserve's key inflation gauges may indicate the lowest rates since last year, leading to potential September rate cuts.
The Federal Reserve's key inflation gauges may show the lowest inflation rates since late last year, possibly leading to rate cuts as early as September. The core measure, excluding food and energy, is expected to show the smallest increase since March 2021. While the central bank needs consistent progress on inflation before lowering rates, a healthy job market provides flexibility on the timing of interest rate cuts.
June 22, 2024
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