Economy
US inflation just hit the lowest in almost 2 years, throwing further Fed rate hikes into question. Here’s how President Joe Biden, Paul Krugman, David Rosenberg, and 4 others reacted.
US inflation has cooled to its slowest pace since May 2021, casting doubt on further Fed interest-rate hikes. Annual gains in the Consumer Price Index declined to 4.9% in April, according to data released Wednesday. […]