Inflation improved in April, but Fed not expected to budge on rates

Trump administration keeps up pressure on Fed, but investors don't expect the U.S. central bank to cut short-term rates until September.
Trump administration keeps up pressure on Fed, but investors don't expect the U.S. central bank to cut short-term rates until September.
A surge in the Conference Board's Consumer Confidence Index for May made the preliminary numbers from a similar U of M survey look "far too negative," one economist told clients Tuesday.