Economist see that there will be another Rate Hiking from FED on May !
Most of the assumptions are from the Inflation Rate news yesterday.
From the data we see that Inflation Rate YoY is drop from 6% to 5% but the Core Inflation Rate YoY is increased from 5.5% to 5.6%.
Yet as we know that the target from the FED are either Core Inflation and Inflation Rate is 2%.
So based on the data we see above, we are sure that FED will hike more rates on May 2023.
High Interest Rate are most likely be one of most recession factors, will US RECESSION happen this year ?
#FED#USA#US#CPI#Inflation
arseniussofian
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