Fed Inflation Gauge Slows Firmly In February, Opening Door For Summer Rate Cut

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31 Mar 2023 0 shares 1 views

Fed Inflation Gauge Slows Firmly In February, Opening Door For Summer Rate Cut

Fed Inflation Gauge Slows Firmly In February, Opening Door For Summer Rate Cut

Upworthy

Published 31 Mar 2023

The Fed's go-to inflation reading slowed again last month, potentially opening the door for summer rate cuts. The Federal Reserve's preferred measure of U.S. inflation slowed notably in February, data indicated Friday, sending stocks firmly higher as investors bet that fading consumer price…

#federalreserve #pce #bea #edgehigher #pceinflationfocus #firstrepublicprobe #ustreasury #cmegroup #fedwatch

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