Slowly

Inflation Gauge Shows Prices Rising Slowly – Powell Sees Progress, But No Rate Cuts Yet

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WASHINGTON – Federal Reserve Chair Jerome Powell addressed concerns over inflation during a public appearance on Tuesday, marking his first statement since the Fed’s preferred inflation gauge showed prices rising at the slowest pace in more than three years. Powell expressed cautious optimism about the recent data trend, acknowledging that it has been moving in the right direction. Despite the encouraging signs of cooler inflation, Powell emphasized the importance of waiting for more evidence before …

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Inflation in the US Slowly Easing as Retail Sales Rebound – Why the Federal Reserve Isn’t Cutting Rates Just Yet

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New York, NY – Inflation in the United States showed signs of easing slowly last month, coupled with a rebound in retail sales. These developments highlight the Federal Reserve’s cautious approach towards lowering interest rates. The core consumer price index, which excludes volatile food and fuel prices to provide a more accurate picture of inflation, is projected to have increased by 0.3% in February. This follows a 0.4% rise at the beginning of the year. …

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