Investors’ hopes for rate cuts this year have been quashed, with the latest batch of US economic data providing further evidence that inflation remains stubbornly high, even as US economic activity is showing signs of slowing.
Rising rents will keep upward pressure on US inflation. Evelyn Barota
Loading...
Karen Maley writes on banking and finance, specialising in financial services, private equity and investment banking. Karen is based in Sydney. Connect with Karen on Twitter. Email Karen at karen.maley@afr.com
