Manhattan Institute Responds: Dan Katz Comments on June Consumer Price Index Report
July 11, 2024
July 11, 2024
NEW YORK, July 11 (TNSres) -- The Manhattan Institute issued the following statement by adjunct fellow Dan Katz on the June Consumer Price Index Report:
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"Federal Reserve Chair Jerome Powell signaled in Congressional testimony this week that the Fed is likely to cut interest rates later this year. From the Fed's perspective, this inflation report provides another confirmatory data point to proceed with the rate cuts. The Consumer Price Index (CPI) report for J . . .
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"Federal Reserve Chair Jerome Powell signaled in Congressional testimony this week that the Fed is likely to cut interest rates later this year. From the Fed's perspective, this inflation report provides another confirmatory data point to proceed with the rate cuts. The Consumer Price Index (CPI) report for J . . .