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 Surges to New High Amid Rising Haven Demand READ MORE Gold Rallies on Mixed US Employment Report, Fed Rate Cut Hopes Grow READ MORE JP Morgan Gold Traders Contempt for the Law, Plan to Appeal their Convictions READ MORE UAE Aims for Gold Standard in Online Trading Transparency READ MORE Russian Finance Ministry Accelerates De-Dollarization with Massive Gold Buy READ MORE Add a Comment Cancel replyYour email address will not be published.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