Inflation risks appear to be rising, threatening to throw Fed’s rate-cut hopes into disarray

The possibility that U.S. inflation won’t trend much lower from here is raising concerns that Federal Reserve policymakers are mistakenly clinging to prospects for three interest-rate cuts this year and may lose their credibility, which could trigger cross-asset volatility.
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[mwai_chat context=”Let’s have a discussion about this article:nnThe possibility that U.S. inflation won’t trend much lower from here is raising concer