US Inflation Expected to Cool Slightly, Fed Considers Rate Cuts =============== #5eb626c0 ver:0.78 US inflation expected to cool slightly, raising questions about interest rates. Analysts estimate year-over-year inflation dipped to 3.4% in April, with core inflation at 3.6%. Fed Chair Powell expects inflation to reach 2% target but confidence weakened. Rising rents and auto insurance key factors behind persistent inflation. Stock market rises on optimism for Fed rate cuts. #inflation #interestrates #economy #Fed... #newstr #UsInflation #Prices #InterestRates #FederalReserve #ConsumerPriceIndex #HousingInflation #CarInsurance https://here.news/story/5eb626c0?ver=0.78