Reported 16 days ago
The Federal Reserve's recent interest rate cut is expected to be validated by upcoming economic data, indicating a slight rise in inflation and steady consumer demand. The personal consumption expenditures price index is projected to show modest inflation, allowing the Fed to maintain its approach to safeguard the job market as economic growth remains resilient. As various Fed officials prepare to speak, further economic indicators including personal spending and GDP data are anticipated to shape the outlook.
Source: YAHOO