🚀 Higher Than Expected US Core Inflation Data May Impact Fed Rate Cut Decision
#USCoreInflation #FederalReserve #RateCut #InflationConcerns #FinancialMarkets
According to Odaily, higher than expected US core inflation data is likely to influence the Federal Reserve's decision on a 50 basis point rate cut scheduled for next Wednesday. The current focus is on the core monthly rate data, which tends to heighten concerns about persistent inflation.#USCoreInflation #FederalReserve #RateCut #InflationConcerns #FinancialMarkets