US inflation and retail sales: Fed's rate cut strategy
31 Dec '24
118 min read
US inflation and retail sales: Fed's rate cut strategy
Insights
US inflation was at *.* per cent in November 2024, which was a slight rise from October.
Core inflation was steady at *.* per cent. The Fed cut rates by ** bps in September, followed by ** bps each in October, November, and December.
Clothing sales dipped but are expected to recover with holiday spending in December. Inflation trends indicate no immediate rate cut reversal.
US inflation was at *.* per cent in November ****, which was a slight rise from October.
Core inflation was steady at *.* per cent. The Fed cut rates by ** bps in September, followed by ** bps each in October, November, and December.
Clothing sales dipped but are expected to recover with holiday spending in December. Inflation trends indicate no immediate rate cut reversal.
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