Finishing the Fed's Inflation Fight Will Come Down to Housing By Hardika SinghAnalysts are wondering if the housing slowdown will (finally) materialize this year. Top News Stubbornly High Rents Prevent Fed From Finishing Inflation FightStalled inflation this year hasn't yet derailed the Federal Reserve's plans to eventually cut interest rates. That's because it expects a slowdown in housing costs to eventually drag inflation close to its 2% target. - Chip Cutter and Ray A. Smith New Zealand Inflation expectations continued to tumble , greatly easing pressure on the Reserve Bank of New Zealand to further raise interest rates. Here is the correct wording:What CFOs Are Saying About Higher-for-Longer RatesFinance chiefs began the year expecting the Federal Reserve would cut interest rates, with some anticipating a trim as early as March.
Source: Wall Street Journal May 13, 2024 11:23 UTC