US inflation trending lower; consumer spending strong in December

Capt. John

U.S. prices rose marginally in December, keeping the annual increase in inflation below 3% for a third straight month, bolstering expectations that the Federal Reserve will start cutting interest rates this year. The timing of the anticipated rate cut is, however, uncertain as the report from the...

https://www.hellenicshippingnews.com/us-inflation-trending-lower-consumer-spending-strong-in-december/

Leave a Comment

Join Our Newsletter
Enter your email to receive a weekly round-up of shipping news.
icon