Friday, July 12, 2019

U.S. consumer inflation outlook rises for first time in three months: NY Fed survey


By Yahoo, July 08, 2019

NEW YORK (Reuters) - U.S. consumers in June lifted their inflation expectations for the first time in three months, New York Fed data showed on Monday, reducing pressure on central bankers to cut rates significantly to support economic momentum.

Federal Reserve policymakers are debating whether to cut rates given uncertainty over a U.S. trade war and tepid inflation, with markets expecting stimulus from the central bank by its July 30-31 meeting.
Read More: https://finance.yahoo.com

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