US Economy: Inflation Moderates in April, Providing Reassurance for the Federal Reserve
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#5eb626c0 ver:1.2

US consumer inflation moderated in April, with prices rising 0.3% from the previous month and the year-over-year inflation rate ticking down to 3.4%. The report provides reassurance for the Federal Reserve and supports President Biden's messaging on the economy. The slowdown in inflation could lead to potential rate cuts by the Fed, with markets pricing in a 73% probability of a rate cut in September. However, Fed President John Williams remains cautious and does not see a reason to change monetary policy at this time. #inflation #economy #FederalReserve...

#newstr #UsInflation #UsEconomy #ConsumerPrices #FederalReserve 

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