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CNN CNN News Central June 4, 2024 17:02:00

Inflation. this decision comes just as two key indicators show prices did ease quite a bit in the past month. joining us now, we have cnn chief business correspondent christine romans. the question i think on everyone s minds, is will the fed be done raising interest rates, even if they hold them steady this month? yeah. it is a pal pous, just for one month, and then they keep raising interest rates or is this the beginning of the end of the rate increases and that s the question we re waiting for jerome powell to talk to reporters and maybe clarify a little bit about future of rate hikes. there is nearly unanimous expectation the fed will not raise interest rates today because as you said, brianna, it has raised rates ten times over the past year in an unprecedented rate hiking spree to try to control inflation in this country. at last check, 99% of market participants thought there would be no rate hike today. the big news today would be no ....

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Core inflation dipping for good?

Core inflation is calculated by excluding the more volatile components like food and fuel from consumer price index (CPI) and reflects underlying price dynamics in an economy. ....

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