Slowing inflation means the Fed is more likely to pause interest rate hikes in June. But don't expect rate cuts anytime soon
The consumer price index rose by 4.9% from a year earlier, the first reading below 5% in two years, a Bureau of Labor Statistics report showed Wednesday.
The consumer price index rose by 4.9% from a year earlier, the first reading below 5% in two years, a Bureau of Labor Statistics report showed Wednesday. Read More
