If the core inflation in the United States remains stable in April, it will fuel the "The Federal Reserve (FED) is not in a hurry to cut interest rates."

2025-05-13 09:29:07

On May 13, Chris Turner, an analyst at ING, stated in a report that if the U.S. core inflation remains stable in April, the dollar could gain some support, which would “fuel the narrative that the Federal Reserve (FED) is in no hurry to cut rates.” This month, the market has reduced bets on rate cuts and pushed the expectation for the next rate cut to September. Economists expect the core inflation rate in April to rise by 0.3% month-on-month, higher than the 0.1% in March. (Jin10)

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