A Fed interest rate cut won’t be coming until at least September, if at all this year, following a troubling inflation report Wednesday.
Consumer price inflation reared its ugly head to start the year, dashing hopes for the Fed to lower borrowing costs anytime soon.
Signs of resurgent inflation shown in January's consumer-price index can't be "easily explained away" by seasonal factors, and pressure will build on the Federal Reserve to stay on hold for a ...
The Fund returned 1.77% and the J.P. Morgan CLO AAA Index returned 1.59%. Click here to read the full commentary.
Because the economy is doing well, the Fed can take its time to decide when and whether to lower interest rates.