Stubborn inflation could prompt the Fed to keep interest rates high for longer

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Stubborn inflation could prompt the Fed to keep interest rates high for longer Stubborn inflation could prompt the Fed to keep interest rates high for longer

The Federal Reserve's most closely watched inflation indicator remained stubborn in March. This is the latest evidence that price increases are not easing as quickly as policymakers would like and another reason that interest rates could remain higher for longer. Investors entered 2024 with hopes that Fed officials would cut interest rates significantly this year, […] The post Stubborn inflation..
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