[ccpw id="5"]

Home.forex news reportFederal Reserve might conclude they've seen more inflation progress at its next...

Federal Reserve might conclude they’ve seen more inflation progress at its next meeting

-


The Federal Reserve’s January policy statement omitted its previous reference to inflation making progress toward its target, adding a more hawkish tone.

However, economists at Citi expect the Fed’s preferred inflation gauge, the 12-month PCE inflation rate, to decline in the coming months as the impact of sharp price increases from early 2024 fades. They also point out that both the six-month and three-month annualized core PCE inflation rates are on course to drop below 2.5%.

The economists says that the fed’s Federal Open Market Committee (FOMC) might decide that inflation “is once again making progress toward their objective–or even that it has nearly arrived at it” as early as the meeting in March.



Source link

LEAVE A REPLY

Please enter your comment!
Please enter your name here

LATEST POSTS

Bybit Becomes First to List Avalon Token (AVL) with Up to 50% APR Rewards

BitMart's Strategy & Growth | FMTalks with Ksenia Drobyshevskaya BitMart's...

3 Steps to Take When Pressing Your Forex Trades

One of the more useful skills in forex trading is knowing when to press your advantage. This may be in the form of increasing reward-to-risk...

Target Walmart DEI decisions could hurt Black founders

Brown Girl Jane's sales have more than doubled since the brand got picked up by Sephora last year. The beauty retailer took the 15...

Why Bilt’s CEO Wants You To Pay Your Mortgage With a Credit Card

Bilt Rewards founder and CEO Ankur Jain took inspiration from American Express’s rewards programs when his company began offering people loyalty points for paying...

Follow us

0FansLike
0FollowersFollow
0SubscribersSubscribe

Most Popular

spot_img