🔴 Do U.S. inflation data threaten expectations of interest rate cuts?
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🇺🇸 Chicago Federal Reserve President Austan Goolsbee described October’s inflation data as “quite concerning,” pointing to the continued impact of tariffs and the slowdown in the decline of services-sector inflation. However, he did not commit to a specific decision on raising interest rates in December, leaving markets facing uncertainty.
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━━━━━━━
🇺🇸 Chicago Federal Reserve President Austan Goolsbee described October’s inflation data as “quite concerning,” pointing to the continued impact of tariffs and the slowdown in the decline of services-sector inflation. However, he did not commit to a specific decision on raising interest rates in December, leaving markets facing uncertainty.
━━━━━━━
📍 Enjoyed the content? Like and follow
⬡ LEGENDARY_007 #LEGENDARY_007
$BTC $ETH
