A batch of inflation data this week did not provide justification for the Federal Reserve to adopt a more hawkish position on interest rates at its September meeting, analysts suggest. In a note to clients, the analysts highlighted that underlying U.S. consumer price growth is trending down and oil prices are likely to moderate from Read More
In March, consumer sentiment regarding the economy experienced a decline, while inflation expectations edged upward, driven by apprehensions surrounding the ramifications of the conflict with Iran, as reported by the University of Michigan’s prominent survey. The Survey of Consumers for the end of March recorded a headline reading of 53.3, reflecting a decline of 5.8% Read More
