The latest CPI data shows a decrease in inflation rates in the U.S., leading experts to believe the Federal Reserve may slow raising interest rates. Is there a pivot on the horizon?
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It's not the biggest CPI data out ever But it is a little bit better than what Analysts are forecasting the decrease in The headline rate of inflation in the U.S in December suggests that the Federal Reserve again will soon be able To stop raising interest rates now Powell spoke a few days ago and said you Know they really don't plan on softening In this year they said 2024 you know People are looking for a pivot pivots Happen over time they have to start with Something and they're going to start With these numbers coming in lower less Aggressive interest rates and then Eventually looking for a pivot