SH - Fed won't cut rates until it sees 'consistent' downward trend in inflation - IHS Markit
2024-05-17 10:28:47 ET
IHS Markit said Friday that it does not see the Federal Reserve cutting rates until the central bank's December meeting. The investment institution believes inflation remains sticky and that the Jerome Powell and his cohorts at the Fed will not launch rate reductions until "consistent" downward trending inflation figures appear....
Fed won’t cut rates until it sees ‘consistent’ downward trend in inflation – IHS Markit