The Week Ahead: US core CPI expected to highlight disinflation challenges

The FOMC cut its Fed Funds Target Rate by 25 bps to 4.75% (upper bound) last week and signalled a gradual approach to the rate-cutting cycle. However, Fed Chair Jerome Powell ruled out pre-empting the new Republican government’s policy changes based on election pledges that would stoke US inflationary pressures, while signalling no immediate recalibration of the rate-cutting trajectory.

Read Full Story