Federal Reserve May Cut Interest Rates Amid Economic Uncertainty

The recent analysis by The Kobeissi Letter offers insight into these potential changes. This prediction comes amidst a landscape marked by soaring producer prices, as per the Producer Price Index (PPI), which recently experienced its highest increase in three years. However, this analysis is supported by the continuous presence of high consumer price index (CPI) inflation, which has remained above 2% for an impressive 53 consecutive months.