Expectations about inflation are an important indicator of actual future inflation: If market participants expect inflation to be higher, they may elevate prices, increasing the actual inflation rate ...
An expansion in the money supply and high energy prices were cited as among the main reasons why inflation was so persistent at the time. The graph below shows the duration of persistent inflation ...
Jerome Powell, the Fed chair, said that “further progress may be delayed” on inflation because of tariffs. Officials kept ...
The Federal Reserve maintained its previously expected pace of rate cuts, but signaled higher inflation and a slowdown in ...