Inflation is decelerating, albeit at a slower pace than many Americans and officials would like it to. The latest Consumer Price Index (CPI) came in hotter than expected, at 3.1% in January, compared.
Inflation is decelerating, albeit at a slower pace than many Americans and officials would like it to. The latest Consumer Price Index (CPI) came in hotter than expected, at 3.1% in January, compared.
Federal Reserve Chair Jerome Powell stated in a recent “60 Minutes” interview that the Fed would cut rates three times this year, noting that nothing had "dramatically" changed since the December Federal Open Market Committee (FOMC) meeting projections.
Federal Reserve Chair Jerome Powell stated in a recent "60 Minutes" interview that the Fed would cut rates three times this year, noting that nothing had "dramatically" changed since the December Federal Open Market Committee (FOMC) meeting projections.