Slower US inflation buoys rate cut hopes
==========
US consumer inflation eased slightly last month, government data published Wednesday showed. The data supports President Joe Biden's messaging that the US economy has turned a corner. It is seen as a positive sign for Biden ahead of November's election and helps quell consumers' concerns about rising prices. The inflation data is expected to buoy hopes for a rate cut.
#UsInflation #RateCut #JoeBiden #DonaldTrump
https://www.manilatimes.net/2024/05/17/business/slower-us-inflation-buoys-rate-cut-hopes/1947068
The Manila Times /
npub1et…ee5s0
2024-05-16 17:05:11
Author Public Key
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2024-05-16 17:05:11Event JSON
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"content": "Slower US inflation buoys rate cut hopes\n==========\n\nUS consumer inflation eased slightly last month, government data published Wednesday showed. The data supports President Joe Biden's messaging that the US economy has turned a corner. It is seen as a positive sign for Biden ahead of November's election and helps quell consumers' concerns about rising prices. The inflation data is expected to buoy hopes for a rate cut.\n\n#UsInflation #RateCut #JoeBiden #DonaldTrump\n\nhttps://www.manilatimes.net/2024/05/17/business/slower-us-inflation-buoys-rate-cut-hopes/1947068",
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