December 24, 2024

The Fed said it needs more low-inflation signs to cut interest rates. The CPI might deliver one.

 The Fed said it needs more low-inflation signs to cut interest rates. The CPI might deliver one.

The Fed said it needs more low-inflation signs to cut interest rates. The CPI might deliver one.

The Federal Reserve isn’t going to cut U.S. interest rates until it gets a few more low inflation readings. It’s likely to get another one on Thursday.