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 Gold Inches Higher, Supported by Soft Dollar and Rising Middle East Tensions READ MORE Gold's Summer Slump? Market Experts See Sideways Trading Before Potential Upswing READ MORE S&P 500 Breaks 5,000 Mark Amid Anticipation for Key Inflation Data READ MORE Chinese Gold Trading EXPLODES READ MORE UK Inflation Dips to Multi-Year Low READ MORE Add a Comment Cancel replyYour email address will not be published.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