Saturday, 8 June 2024

Fed Set to Hold Rates as Inflation and Other Indicators Show Mixed Signals

by BD Banks

Wednesday’s U.S. Consumer Price Index data and the Federal Reserve’s interest rate decision will be in focus after the Bank of Canada and European Central Bank cut rates the week before. The Fed is not expected to follow suit—at least not right now. We expect U.S. CPI growth numbers out in the morning before the […]

The post Fed Set to Hold Rates as Inflation and Other Indicators Show Mixed Signals appeared first on Action Forex.

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