Inflation slowed last month. That may not matter to the Fed
Inflation slowed by more than expected last month, new federal data released Wednesday showed. But President Donald Trump’s trade war and other economic headwinds mean the Federal Reserve isn’t likely to cut interest rates when it meets next week, some economists say — and it might not cut rates until next year.Read more...
Inflation slowed by more than expected last month, new federal data released Wednesday showed. But President Donald Trump’s trade war and other economic headwinds mean the Federal Reserve isn’t likely to cut interest rates when it meets next week, some economists say — and it might not cut rates until next year.
