As US inflation ticks back up, it could impact the presidential election

The fight against inflation is far from over and could reduce the chances of interest rate cuts for this year., Wednesday’s “disappointing” inflation data in the United States showed a jump from February, dampening expectations of an interest rate cut and raising concerns that inflation could remain stubbornly high. The data has implications not just for the US Federal Reserve, which sets interest rates, but also for the candidates in the upcoming presidential election. The core consumer price index (CPI), which excludes volatile food and energy costs, increased 0.4 percent,2024-04-11 16:18:00,Read More