UBS On-Air: Market Moves
UBS On-Air: Paul Donovan Daily Audio 'Undermining the “data dependency” story'
15 May 2024
Description
Federal Reserve Chair Powell wants further inflation declines before the Fed cuts rates. US inflation is already at or near target for the prices over which the Fed has control. Last month’s consumer price inflation did surprise to the upside, mainly because of rents in the city of Detroit.
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