It’s not just eggs. Many commonly purchased goods and services got more expensive in January, driving inflation in the wrong ...
or “target,” inflation rate and then attempts to steer actual inflation toward that target, using such tools as interest rate changes. Because interest rates and inflation rates tend to move in ...
There’s a growing sense among some inside the Federal Reserve that President Donald Trump’s willingness to use tariffs as a ...
Rising inflation and a slowing of economic growth would be a harsh cocktail in an environment where the Federal Reserve has limited tools — and blunt ones at that — to combat rising inflation.