Inflation, Federal Reserve and Adriana Kugler

U.S. inflation data plus comments from Fed Chair Jerome Powell could be key for determining the path for U.S. interest rates.
The central bank is grappling with how quickly to lower interest rates after pausing cuts last month.
Traders of short-term interest-rate futures on Friday now expect the Federal Reserve to cut interest rates just one time this ...
Even inflation falling close to 2% in the coming months might not necessarily allow the Fed to cut rates soon, Logan said.
The central bank needs to see further progress on inflation or weakness in the labor market to resume interest rate cuts.