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Will U.S. CPI Weaken Fed's Resolve To Slow Rate Hikes?

Por: RTTNews Business December 12, 2022

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Ever since the Fed Chair Jerome Powell announced on November 30 a commitment to moderate interest rate increases, have been jolted by a series of data releases that threatened to jeopardize the Fed's intentions.The higher-than-expected readings of non-farm payrolls added, services PMI, and producer price inflation have raised doubts on whether the Fed would be able to slow its pace of rate hikes as intended. Will the U.S. CPI data due on... + full article



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