Search results
Results from the WOW.Com Content Network
The Fed’s favorite inflation gauge—the core personal consumption expenditures (PCE) price index, which excludes more volatile food and energy prices—rose 2.8% from a year ago in March. That ...
And those perceptions could continue to get worse the longer it takes the Fed get inflation back to its 2% target. Fed officials don’t expect inflation to reach 2% until 2026, according to their ...
Waller also said he thought the Fed's short-term rate, which is at 5.4%, the highest in 22 years, is likely high enough to keep inflation headed down to the central bank's 2% target.
Inflation data has long signaled Fed policy changes because of a dual mandate that includes price stability. But now, critics argue the central bank may be too tied to the 2% target. Why the Fed ...
The annualized inflation rate hit 3.5% in March, up from 3.2% the month before and 3.1% in January. The Federal Reserve’s inflation target is 2%, and for much of the last 12 months, it looked as ...
All of those measures are above the Fed’s inflation target, which is 2%. For the 16 policymakers sitting on the Fed’s policy-setting committee, pushing inflation back toward 2% remains the goal.
The Fed's preferred inflation gauge will test a stock market near record highs in a holiday-shortened trading week. ... it will still likely be above the Fed's 2% target, adding to the optionality ...
How the Fed got here. The path to the Fed's 2% inflation target was a winding one that began with an interview that is now infamous in central banking circles.