The price of goods and services in the US remains high but inflation was slightly weaker than forecast in April, bolstering hopes that the Federal Reserve’s interest rate increases are taking effect.
(Picture: People at a food bank in the US. Credit: Getty Images.)
May 2023
Inflation rose again. Will that sway the Fed on rates?
The Fed’s interest rate fight just got more complicated — the central bank’s preferred gauge of inflation indicated that prices rose 0.4% last month, a speed-up from the previous month that saw a 0.1% increase. We talk to Christopher Low, chief economist at FHN Financial, about w ... Show More
8m 44s
May 2023
Inflation rose again. Will that sway the Fed on rates?
The Fed’s interest rate fight just got more complicated — the central bank’s preferred gauge of inflation indicated that prices rose 0.4% last month, a speed-up from the previous month that saw a 0.1% increase. We talk to Christopher Low, chief economist at FHN Financial, about w ... Show More
8m 44s
<p>While the ECB followed headline inflation with raised policy rates yet again last week, the Fed meeting this week may be more focused on core inflation and a hiking pause.</p><p><br></p><p>----- Transcript -----</p><p><br></p><p>Welcome to Thoughts on the Market. I'm Seth Carp ... Show More
