U.S. Inflation Shows Signs of Improvement
The President of the Federal Reserve Bank of Chicago, Oustan Gulsby, concluded that recent U.S. inflation data show a slight improvement, with expectations that inflation will continue to decline until it returns to the targeted 2%. He noted that inflation is now around 3%, which is above the target, but current signals are encouraging, indicating that inflation is beginning to ease after being quite high—especially as the effects of tariffs and rising oil prices diminish. Although current interest rates remain between 3.50% and 3.75%, the market anticipates a temporary pause in rate hikes, particularly after the inflation data softened and market conditions stabilized, with a cautious watch on the economic situation.
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