Economic Briefing/Economic Insights
To-the-point economic analysis by Commerzbank's research team
© Commerzbank
15 May 2024
US inflation takes a small step into the right direction
In the US, inflationary pressure eased somewhat in April, but remains too high. Consumer prices rose by 0.3% from March, both overall and excluding energy and food. This is a tenth less than in both February and March. The data generally supports hopes of interest rate cuts by the Fed, but also suggests that policy makers are in no hurry.
