Inflation data could force Fed's hand on rate hikes: Economist

Lindsey Piegza News

Inflation data could force Fed's hand on rate hikes: Economist
Federal ReserveRate HikesPersonal Consumption Expenditures
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March's Personal Consumption Expenditures (PCE) data arrived hotter than expected and GDP figures point to an economic slowdown. In this environment...

. In this environment, economists and investors alike are revisiting the Federal Reserve 's rate cut outlook. Stifel Financial Chief Economist Lindsey Piegza joins Yahoo Finance to discuss the prospects for Fed cuts.

However, she observes that consumers are becoming more cost-conscious, carefully weighing their spending decisions and seeking value, leading to a slowdown in"broad-based growth." A Secret Service agent assigned to Vice President Kamala Harris’ detail was removed from their assignment after displaying behavior that colleagues found “distressing,” the agency said.As Greene threatens to oust House Speaker Johnson over his support for Ukraine aid, a rift has ruptured in the MAGA Media landscape.Underpriced and Overlooked: 2 Canadian Stocks Ready to Rally

The House Democrat named the "most astonishing" thing he heard from one justice after the court heard arguments on Donald Trump's immunity claim.Reuters/Brendan McDermidA federal judge in New York upheld a defamation verdict against Donald Trump, keeping him on the hook for the $83 million he owes E. Jean Carroll, the writer who accused him of sexual assault.

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Federal Reserve Rate Hikes Personal Consumption Expenditures Rate Cuts Economic Slowdown

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