New inflation data suggests the Fed won’t cut interest rates anytime soon ...Middle East

Quartz - Economy
New inflation data suggests the Fed won’t cut interest rates anytime soon
US inflation ticked up more than expected in December, rising 0.3 percentage points to 3.4%. This indicates the Fed won’t be cutting interest rates any time soon — unfortunately for all the investors, economists, and consumers craving a “soft landing.” Read more...

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