2024-03-14 12:20:00 ET
Summary
- The mixed news on inflation earlier this week didn’t help, but neither did sticky inflation news derail expectations that the Federal Reserve will start cutting interest rates in June.
- Uncertainty about the timing is creeping higher, as a confluence of factors muddy the outlook.
- Several prominent economic voices have recently recommended patience for rate cuts.
The mixed news on inflation earlier this week didn't help, but neither did sticky inflation news derail expectations that the Federal Reserve will start cutting interest rates in June. Yet, uncertainty about the timing is creeping higher, as a confluence of factors muddy the outlook....
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Markets Still Expect Rate Cut In June, But Doubt Is Creeping Higher