The recently published data on US April inflation has met the predicted level, showing a decline compared to both the core and headline levels of the previous month. This has raised concerns among investors about the Federal Reserve’s ability to address inflation amidst a weakening US economy. Consequently, there is an increased risk of more interest rate hikes, and the possibility of rates not being reduced this year. Stay updated on the latest financial and business news by visiting COINTURK FINANCE.
