Stubborn Inflation Could Prod Fed to Keep Rates High for Longer
Hopes for substantial cuts in interest rates are fading as inflation shows more staying power than expected. [Source]
Publication Date:Origin: nytimes.com
Category: Inflation (Economics)
Topics: expected, power, staying, shows, inflation, fading, rates, interest, substantial, Hopes, Longer, Rates, Could, Inflation, Stubborn
Source: https://www.nytimes.com/2024/04/26/business/inflation-fed-rates.html