Federal Reserve President Williams Welcomes Softer Inflation Data, Not Ready to Seek Rate Cuts
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#5eb626c0 ver:1.18
US inflation eases slightly in April, with consumer prices rising 0.3% from March. Year-over-year inflation drops to 3.4%. The data suggests a resumption of the slowdown in price increases, providing reassurance for the Federal Reserve. The report indicates a stable economy and may delay interest rate cuts. However, concerns remain about consumer credit card delinquency rates and the need for sustained consumer spending. Overall, inflation rates are not ideal, but the economy appears to be on a stable path for now. #inflation #economy #FederalReserve...
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