US consumer inflation accelerates to 3.5pc in March, dampening rate cut hopes
Malay Mail Online - Money·2024-04-11 05:00
WASHINGTON, April 10 — US consumer inflation continued to accelerate last month, according to US government data published t, reducing the chances of an early interest rate cut from the Federal Reserve.
The US central bank has raised interest rates to the highest level in 23 years as it attempts to bring inflation back down firmly to its long-term target of two percent.
……Read full article on Malay Mail Online - Money
Finance America Economy
One-stop lifestyle app dedicated to making life in Singapore a breeze!
Comments
Leave a comment in Nestia App