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Institutional analysis: U.S. inflation data has not given the green light for the Fed's interest rate cut
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4 hours ago 5,991
Golden Finance reported that BMI chief economist Cedric Chehab said the latest U.S. inflation data looks to improve, but the signal that the Federal Reserve restarts interest rate cuts has not sounded unless U.S. economic growth is hit. He noted that a large part of the slowdown in inflation was due to the decline in commodity prices in recent months. The huge tariffs imposed by the Trump administration on goods could quickly lead to higher prices, meaning commodities will once again exacerbate inflation, making forecasts of inflation difficult in the near future. It is also difficult to get the Fed to provide proper guidance. (Jin Shi)
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