Lates News

"Fed Whisperer" Nick Timiraos: The Fed will have no reason to change its wait-and-see stance due to April's inflation data. These numbers largely align with expectations from forecasters closely monitoring the Labor Department's inflation metrics. If it wasn't for the widespread increase in tariffs in April, inflation data might have given the Fed a chance to quickly resume rate cuts. However, the potential rise in costs in the coming months may keep the Fed on hold until it can better assess whether price increases are temporary.