US Inflation Eases in April, Boosting Expectations of Fed Rate Cuts 📉
April's inflation data matched forecasts, ending a three-month surge and fueling speculation that the Fed may soon cut interest rates. Find out what this means for the economy and your finances.
Benzinga
3.0K views • May 15, 2024
About this video
U.S. inflation data for April came in broadly in line with analyst estimates Wednesday, breaking a concerning three-month streak of higher-than-expected readings and reigniting hopes for a return to the Federal Reserve’s 2% inflation target. Last month, the Consumer Price Index (CPI) showed a year-over-year increase of 3.4%.
Video Information
Views
3.0K
Duration
0:55
Published
May 15, 2024
User Reviews
3.7
(3)