Economists are bracing for intensifying price pressures and slower growth, posing a challenge for the Federal Reserve.
CPI inflation has declined significantly from its pandemic-era high of 9.1% in June 2022. However, it remains above the Federal Reserve's target. The central bank aims for a 2% annual rate over ...
Stripping out more volatile food and energy prices, the core CPI also moderated, coming in at 0.2 percent in February. That ...
6-month CPI accelerated further, rising by 3.63% annualized, the worst increase since September 2023. The “Core” CPI, which ...
The Federal Reserve has a dual mandate of promoting maximum employment and stable prices, which it tries to foster by ...
12dOpinion
Despite the positive inflation data, projections and tariff impacts indicate no further significant declines in inflation.
The pattern indicates that the downward momentum has weakened, hinting at a renewed upswing ahead of the CPI release.
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