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Inflation in March was cooled, but interest rates are expected to be high.
Inflation was a little cooled last month but do not expect Interest rates also fall.
Price Increased by 2.3% More than in March, it was released on Wednesday for the final individual consumption costs. The annual increase in the month of February is below 2.5% but slightly higher Increased 2.2% increase.
PCE is the measure of inflation preferred by the federal reserve.
The numbers came out after releasing this morning March’s gross domestic product Information showing the economy at the level of 0.3% in the first quarter. The contraction was mainly applied to enterprises and people “panic purchase and sale” imported goods Tariffs of President Donald Trump came into force.
At the same time, according to GDP report, consumer expenditures also slowed significantly in the first quarter. Continuous consumption costs helped the buoya of the economy under the combination of stubborn inflation and unemployment.
The latest information is less likely to change with interest rates due to interest rates, as the next data can affect the federal spare voices of federal backgrounds and political confusion next week. The health of the economy. Experts will be the Fed’s last week, because it was made since January after the last fall
Fed President Jerome Powell, the Trump administration went under a discount, although Trump, the exchange responded last week to Fire Powell supported the fire threats.
