Fed's Barr: Disappointing Inflation Data Delays Rate Cuts Fed Vice Chair Michael Barr expressed disappointment with the inflation data for early 2024, indicating that the central bank lacks sufficient evidence to ease monetary policy. He emphasized the need for more time under current restrictive policies to achieve the Fed’s 2% inflation target. The Personal Consumption Expenditures price index, the Fed’s preferred inflation measure, was 2.7% in March, with little change in recent months. « Previous Article Next Article » Share This Article Choose Your Platform: Facebook Twitter Google Plus Linkedin Related Posts Rising Tide of Corporate Debt Defaults: An 80% Surge in 2023 Signals Troubling Trends Ahead READ MORE What Is Driving Gold & Silver Prices? READ MORE Central Banks' Gold Rush Propels Prices to Unprecedented Levels READ MORE U.S. Economy's Fate Tied to Federal Reserve's Decisions READ MORE Investors Reap Rewards Across Markets as Dow Hits 40,000 READ MORE Add a Comment Cancel replyYour email address will not be published. Required fields are marked *Name * Email * Save my name, email, and website in this browser for the next time I comment. Comment