- Inflation is slowing considerably and is down per the CPI to 2.3% for the 12 months ended April 2025.
- Fed Chairman Powell is not moving too fast to reduce rates until the job market softens and slows and until inflation and his preferred inflation measure slows a bit more.
U.S. Legislative and Fiscal Developments
June 30, 2025
10:34 am
The budget bill is set for broad Senate discussions today. The bill passed one Senate