What does the April inflation report mean for The Federal Reserve (FED)?
Jin10 data May 13 news, "The Federal Reserve (FED) mouthpiece" Nick Timiraos: The Federal Reserve (FED) will have no reason to change its wait-and-see stance because of the inflation data from April. These numbers largely align with the expectations of forecasters closely tracking the Labor Department's measurement of inflation. If it weren't for the widespread increase in tariffs in April, the inflation data might have led the Federal Reserve (FED) to expect to resume interest rate cuts soon. However, the potential rise in costs in the coming months may cause the Federal Reserve (FED) to remain on hold until it can better assess whether the price increases are temporary.