Fed 'pause' on rate hikes in doubt as inflation picks up
Business Standard|May 27, 2023
Consumption price index climbed 4.4% in April against 4.2% in March
STEVE MATTHEWS
Fed 'pause' on rate hikes in doubt as inflation picks up

More disappointing inflation news could help to persuade US Federal Reserve policymakers to raise interest rates again, giving ammunition to hawks who argue there's more work needed to restore price stability.

The personal consumption expenditures price index, the Fed's preferred inflation gauge, rose a faster-than-expected 0.4 per cent in April, Commerce Department figures showed on Friday.

هذه القصة مأخوذة من طبعة May 27, 2023 من Business Standard.

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هذه القصة مأخوذة من طبعة May 27, 2023 من Business Standard.

ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 8500 مجلة وصحيفة.

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