Will The Fed Let Up On Rate Hikes With CPI At 8.3%?
Tony Nash, CEO, Complete Intelligence
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The April CPI figures for the US reported at 8.3% is higher than consensus anticipation of 8.1%, while the April employment report showed a gain of 428,000 jobs, reflecting a drop in the unemployment rate to 3.6%. So what does this mean for the US economy? Tony Nash, CEO, Complete Intelligence breaks things down for us. Image credit: Unsplash.com
Produced by: Mike Gong
Presented by: Shazana Mokhtar, Tan Chen Li, Khoo Hsu Chuang
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Categories: trends and forecasts, investments, markets
Tags: us cpi, us federal reserve, fed rate hike, us economy, unemployment rate, us markets,