Fed rate cut may be delayed until July, CPI data higher than expected
2024/04/10 14:48
According to the Jin10 report, Art Hogan, chief market strategist of B Riley Wealth, said that the CPI, both overall and core, both on a monthly and annual basis, is higher than expected. That's enough to delay the first rate cut by at least a month, possibly to July, amid debate over when and whether the Fed will cut rates.
0
0
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
PoolX: Earn new token airdrops
Lock your assets and earn 10%+ APR
Lock now!
You may also like
Trending news
MoreCrypto prices
More
Bitcoin
BTC
$89,471.46
+0.20%
Ethereum
ETH
$3,046.97
+0.79%
Tether USDt
USDT
$1
+0.01%
BNB
BNB
$894.9
+1.41%
XRP
XRP
$2.04
+0.64%
USDC
USDC
$1
+0.01%
Solana
SOL
$132.94
-0.10%
TRON
TRX
$0.2872
+0.48%
Dogecoin
DOGE
$0.1399
+0.43%
Cardano
ADA
$0.4169
+0.46%
How to buy BTC
Bitget lists BTC – Buy or sell BTC quickly on Bitget!
Trade now
Become a trader now?A welcome pack worth 6200 USDT for new users!
Sign up now