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US inflation cools again - but Fed won't be rushed to cut rates
Markets are eyeing the Federal Reserve with fresh optimism after US inflation (CPI) data came in just below expectations for the fourth straight month - but investors should not expect a rate cut just yet, warns the CEO of one of the world's largest independent financial advisory and asset management organizations.
US inflation cools, but unlikely to sway Fed on rate cuts - deVere’s Green
Despite this gradual disinflation, the Federal Reserve is unlikely to rush toward interest rate cuts, according to Nigel Green, CEO of deVere Group. "Inflation is cooling – but not decisively - and with tariffs now feeding back into prices while the real economy is slowing, the Fed finds itself boxed in," Green said.
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