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coinpedia
2023-05-10 12:59:23

US CPI Report Takes a Dive in April, Fed on the Brink of Major Decision

US CPI Report Takes a Dive in April, Fed on the Brink of Major Decision

The post US CPI Report Takes a Dive in April, Fed on the Brink of Major Decision appeared first on Coinpedia Fintech News The latest April CPI inflation data for the US indicate a decline in the inflation rate to 4.9%, which is below the anticipated 5.0%. This noteworthy decline marks the 10th consecutive monthly drop in the US inflation rate. These figures suggest that the Federal Reserve (Fed) might be nearing a potential shift in its monetary …

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