New York CNN  —  Wall Street is eyeing what could be the most consequential economic data report in months due out Friday. Inflation has cooled significantly since the Federal Reserve began aggressively hiking interest rates more than two years ago to tame it. That’s led the central bank to shift its focus to the other side of its dual-mandate: maximizing employment. Fed Chair Jerome Powell said last month that “the time has come for policy to adjust,” all but cementing a rate cut in September.

Tag-uri: Inflatie