The US Fed has signalled a pause while it waits for the impact of the policy rate hikes taken till now to percolate through the real economy. The labour market in the USA remains very tight and this is one critical area in which the US Fed expects to cool off.
Traders raise odds of 50 bps Fed rate hike as CPI rise exceeds expectations
New data has revealed that US consumer prices rose faster than anticipated, prompting speculation about interest rate changes. Fed Governor Christopher Waller suggested a half