Atlanta Fed President Raphael Bostic stated on Thursday that he does not expect further rate hikes to be necessary to bring inflation down to the target. However, he cautioned that if inflation were to reaccelerate, "I'd have to take on board the likelihood that a rate increase is appropriate."
WTI drops to near $77 50 as US PCE, OPEC+ meeting loom
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Gold recovers following slower US growth data
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US Economy News Today: Inflation Mostly Stands Still in April—Why That May Be A Good Thing
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