IMF Says US Fed Has Little Scope for Rate Cuts This Year

While US inflation is on course to return to the Federal Reserve’s 2% target in the first half of 2027, policymakers have little room to cut interest rates this year,...

By Jorgelina Do Rosario · Bloomberg Markets

While US inflation is on course to return to the Federal Reserve’s 2% target in the first half of 2027, policymakers have little room to cut interest rates this year, according to the International Monetary Fund.