Stubborn US Inflation Upends Forecasts for Rate Cuts
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US inflation is higher than expected, causing revisions in Fed rate cut forecasts. The article discusses the impact of inflation on the Federal Reserve's decision-making process. The author, Chris Anstey, highlights the wave of forecast revisions and the uncertainty surrounding future rate cuts. The article invites readers to provide feedback and tips via email or through the Bloomberg Terminal.
https://www.bloomberg.com/news/newsletters/2024-04-11/global-economy-latest-trying-to-predict-fed-rate-cut-path