If that comes to fruition, it means the Federal Reserve’s progress on getting inflation down to 2% may be stalling. One month of weird inflation data is just one month. But Sean Snaith ...
The inflation rate typically reacts to phases of the business cycle, which is the natural cycle of expansion and contraction that the economy goes through over time. The Federal Reserve has a ...
WASHINGTON — The Federal Reserve lowered its key interest rate by a quarter percentage point Thursday, its second straight rate cut amid easing inflation and a move set to further trim borrowing ...
But low unemployment and strong job growth have a downside: A robust job market can drive higher inflation, setting the Federal Reserve on a course to try to reduce it — which can mean a longer ...