
U.S. Fed Expected To Cut Rates By 0.25% Following March’s 2.4% Inflation
Main Takeaways:- The U.S. Consumer Inflation Index was at 2.4%, opposite to the expectation of 2.6%. A smaller increase in prices was needed for the Fed to lower interest rates at the May 6-7 meeting. The U.S. Federal Reserve is expected to choose, at minimum, a 0.25% interest rate reduction. Bitcoin may rebound above $100k,…