Economy US inflation cools for first time in six months Figures may offer the Fed some hope that inflation is resuming its downward trend Business Post May 15, 2024 Jerome Powell, the Fed chair, said Tuesday the central bank will “need to be patient and let restrictive policy do its work,” and some policymakers don’t expect to cut rates at all this year. Picture: Getty News Economy US Inflation LATEST NEWS17:45Movers and shakers: AIB, Lidl, Pepper Advantage, Collen17:42Mark Anthony Brands grows presence with One Charlemont Square lease17:39Extended East Wall four-bed with parking guides €595,00017:37Hotels take the spotlight as CRE industry rebounds and gears up for a busy second half of 202417:35Just what the doctor ordered: period delight on the River Eske17:35Cut-stone gem in Carlow with AMV under €700k