_us-inflation-falls-as-expected-in-april-bolsters-fed-rate-cut-bets.jpg "US Inflation Falls As Expected In April, Bolsters Fed Rate Cut Bets from bhavi fed Video Screenshot Preview")
GalleryPlay Video:
(Note: The default playback of the video is HD VERSION. If your browser is buffering the video slowly, please play the REGULAR MP4 VERSION or Open The Video below for better experience. Thank you!)
⏲ Duration: 0:55
👁 View: 15M times
✓ Published: 15-May-2024
👁 View: 15M times
✓ Published: 15-May-2024
Description:
U.S. inflation data for April came in broadly in line with analyst estimates Wednesday, breaking a concerning three-month streak of higher-than-expected readings and reigniting hopes for a return to the Federal Reserve’s 2% inflation target. Last month, the Consumer Price Index (CPI) showed a year-over-year increase of 3.4%.
U.S. inflation data for April came in broadly in line with analyst estimates Wednesday, breaking a concerning three-month streak of higher-than-expected readings and reigniting hopes for a return to the Federal Reserve’s 2% inflation target. Last month, the Consumer Price Index (CPI) showed a year-over-year increase of 3.4%.
Share with your friends:
Whatsapp | Viber | Telegram | Line | SMS
Email | Twitter | Reddit | Tumblr | Pinterest
Related Videos
_desi-bhabhi-breast-feeding-vlogs.webp "gold money")
_desi-bhabhi-breastfeeding-viral-breastfeeding-trending-love.webp "Prepty")
_credit-card-delinquencies-are-on-the-rise.webp "Credit Card Delinquencies , Are on the Rise.<br/>New York Federal Reserve data that was published on May 15 shows that credit card delinquencies kept rising from January to March, Fox Business reports. .<br/>In Q1 2024, delinquencies reached <br/>8.9% at an annualized rate.<br/>America hasn't seen this high of a <br/>percentage of serious credit card <br/>delinquencies since 2012, Fox News reports. .<br/>In the first quarter of 2024, credit <br/>card and auto loan transition rates <br/>into serious delinquency continued <br/>to rise across all age groups, Joelle Scally, regional economic principal within the Household and <br/>Public Policy Research Division at the New York Fed, via Fox Business.<br/>An increasing number of borrowers <br/>missed credit card payments, <br/>revealing worsening financial <br/>distress among some households, Joelle Scally, regional economic principal within the Household and <br/>Public Policy Research Division at the New York Fed, via Fox Business.<br/>Researchers aren't sure why delinquencies <br/>are so high since the unemployment rate <br/>is low, but they have a few theories.<br/>One of those theories is that consumers drained savings throughout the pandemic <br/>but continue to spend at high levels.<br/>Another theory is that some Americans switched to jobs with lower salaries.<br/>Additionally, credit card eligibility may have been expanded for many whose student debt wasn't being reported to credit bureaus amid the pandemic.<br/>These are all kinds of complex issues. <br/>We don't exactly know what's behind the <br/>increase of these delinquency rates. But it's <br/>definitely something that we're tracking, New York Fed researchers, via Fox Business.<br/>The average annual percentage rate for <br/>credit cards hit a record of 20.72% recently.")
_cute-bhabhi-breast-feeding-baby-desi-bhabi-breast-feeding-vlogs-milk-feeding-viral-video.webp "Breast Feeding Vlogs")
⏲ 1 minute 12 seconds 👁 6.8K
_desi-bhabhi-breast-feeding-vlogs.jpg)
_desi-bhabhi-breastfeeding-viral-breastfeeding-trending-love.jpg)
_credit-card-delinquencies-are-on-the-rise.jpg)
_cute-bhabhi-breast-feeding-baby-desi-bhabi-breast-feeding-vlogs-milk-feeding-viral-video.jpg)
![[+]](/images/menu.gif){kind=small}