Reported about 3 hours ago
Economist Claudia Sahm emphasizes that the Federal Reserve is not in a 'stopping game' but rather a 'waiting game' as it monitors inflation trends. Recent Consumer Price Index data indicates a slight increase, aligning with expectations, but the core inflation rate is showing signs of slowing. Sahm notes that while progress has been made, it is too early to make predictions about interest rate adjustments in 2025.
Source: YAHOO