Mar 12, 06:10 AM

US CPI Report Unlikely to Spur Fed Rate Cut, Inflation Data May Maintain Patient Approach

A monthly report on US consumer prices is due, but Bloomberg Economics suggests it won't lead the Federal Reserve to lower interest rates. US inflation data may encourage the Fed to maintain a patient approach to rate cuts, as high inflation is expected to persist, prompting caution from the Federal Reserve.

#US #Bloomberg Economics #Federal Reserve #Fed

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