Stay Focused: It’s All About Inflation

🇺🇸 🇺🇸 With May rate cuts seemingly off the table, all that matters now is what the next three inflation reports say before the rate decision on June 12. If they’re good, then the rate-setting committee will get in line with Powell for cuts. And if the inflation data does rediscover its late 2023 trend, those medium and longer-run rate forecasts will be in for yet another revision — this time lower

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