
Consumers aren't expecting price increases to slow as quickly as they did last month as inflation's path downward has slowed to start 2024.

(Bloomberg) -- BlackRock Inc. Chief Executive Officer Larry Fink said he expects the Federal Reserve to cut rates twice at the most this year, and that it will be difficult for the central bank to curb inflation.Most Read from BloombergApple Plans to Overhaul Entire Mac Line With AI-Focused M4 ChipsRussian Attacks on Ukraine Stoke Fears Army Near Breaking PointIsrael Bracing for Unprecedented Direct Iran Attack in DaysUS Sees Imminent Missile Strike on Israel by Iran, ProxiesVietnam Tycoon Lan S