(Reuters) - While the stronger jobs data initially dimmed expectations
of the Federal Reserve lowering borrowing costs, below-forecast
U.S. inflation data was seen as leaving open the option of
interest rate cuts.
The core personal consumption and expenditure index, a
favoured inflation measure of the Federal Reserve rose just 0.1
percent, below the 0.2 percent median forecast.
Read more at Reuters.com Bonds News
of the Federal Reserve lowering borrowing costs, below-forecast
U.S. inflation data was seen as leaving open the option of
interest rate cuts.
The core personal consumption and expenditure index, a
favoured inflation measure of the Federal Reserve rose just 0.1
percent, below the 0.2 percent median forecast.
Read more at Reuters.com Bonds News
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