Fed Reserves' key inflation gauges may offer path to rate cuts in September

Q: How long will it take to read this news story?

The story "Fed Reserves&#039; key inflation gauges may offer path to rate cuts in September" has 1241 words across 48 sentences, which will take approximately 6 - 11 minutes for the average person to read.

Q: Which news outlet covered this story?

The story "Fed Reserves&#039; key inflation gauges may offer path to rate cuts in September" was covered 5 days ago by Business Standard, a news publisher based in India.

Q: How trustworthy is 'Business Standard' news outlet?

Business Standard is a fully independent (privately-owned) news outlet established in 1975 that covers mostly business and finance news. The outlet is headquartered in India and publishes an average of 295 news stories per day. It's most recent story was published 7 hours ago.

Q: What do people currently think of this news story?

The sentiment for this story is currently Negative, indicating that people regard this as "bad news".

Q: How do I report this news for inaccuracy?

You can report an inaccurate news publication to us via our contact page. Please also include the news #ID number and the URL to this story.<ul><li>News ID: #21340197</li><li>URL: https://beamstart.com/news/fed-reserves-key-inflation-gauges-17191078799052</li></ul>

Business Standard Logo Business Standard 5d ago

Fed Reserves' key inflation gauges may offer path to rate cuts in September - Business Standard

Quick Summary:

With policymakers becoming more confident that Sweden is closer to taming inflation, they may ratify a path of two more reductions this year to bolster an economy that’s forecast by European Union officials to post one of the weakest expansions in the whole bloc.

Elsewhere, inflation numbers in three major euro-zone economies may also cheer officials, while central banks in Sweden and Mexico will probably keep rates on hold.

The Federal Reserve’s favoured inflation yardsticks are poised to show the tamest monthly advances since late last year — a stepping stone for officials to begin lowering interest rates, possibly as soon as September.