Delay in US federal rate cuts?
Edited By WION Video Desk
Published: Mar 13, 2024, 04:30 IST | Updated: Mar 13, 2024, 04:30 IST
The global economy would have to wait a little longer for a possible US Fed rate cut in the reason a second straight month of stronger-than-expected inflation that has effectively shut the door on the possibility of a rate cut before June. Not just that higher than expected inflation also makes back-to-back reductions look increasingly less likely.
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