Looming inflation data may rock interest rate cut forecasts
New inflation numbers are on the horizon, prompting speculation as to their role in the U.S. economic chaos rattling Wall Street and Main Street.
Post-pandemic interest rates on everything from small business loans to consumer credit cards to home mortgages are kicking up the same concern: Too darn high.
Market participants remain downbeat about interest rate cut chances despite President Trump's multiple escalating demands directed at Federal Reserve Board Chair Jerome Powell.
Trump demands a full point cut in interest rates
The Federal Reserve sets monetary policy to target low inflation and unemployment. This dual mandate is often at odds because higher interest rates lower inflation but increase job losses, while lower interest rates lower unemployment but increase inflation.
https://www.msn.com/en-us/money/markets/looming-inflation-data-may-rock-interest-rate-cut-forecasts/ar-AA1GoFYv
Don't think you're going to get it slobfather.