San Francisco Fed President Mary Daly said that the tightening of financial conditions over the past 90 days “diminished” the need for further rate hikes, but argued the Fed should keep its options open.
Gasoline to Spur U.S. Consumer Spending; Bank of Mexico Eyes Prolonged Pause; RBA Set to Hold Rates but Retain Hawkish Hue By James Christie Good day. Analysts anticipate the U.S. Commerce.
The CPI s year-over-year comparison distorts the true picture of inflation. Shorter averaging intervals show Fed s 2% inflation target has almost been reached.
Inflation is cooling but still nowhere near target Fed Minutes show policymakers are eyeing a mild recession this year Dollar softer as rate cut bets boos