Commodities as a Risk Factor for Inflation: Expert Analysis
Wednesday, 3 April 2024, 19:56
Economist Insights on Inflation and Rate Cuts
Federal Reserve Chair Jerome Powell addressed inflation and interest rate cuts, highlighting a 'bumpy path' ahead. Economist Yelena Shulyatyeva sheds light on how commodities pose a risk factor to core inflation, impacting goods and services such as hotel prices and airfares.
Key Points:
- Powell expects interest rate cuts this year
- Commodities impacting core inflation
- US equities react negatively
Despite the potential impact on core prices, these fluctuations are closely monitored by the Fed through tracking core inflation indicators.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.