Two firm inflation prints just made the Fed’s 2025 rate cut path a lot ‘murkier’
October inflation readings out this week have proven little progress towards the Fed’s two p.c inflation goal, placing into query how deeply the Federal Reserve will lower rates of interest in 2025. On Wednesday, the “core” Client Worth Index (CPI), which strips out the extra unstable prices of meals and gasoline, confirmed costs elevated 3.3% … Read more