Reported 1 day ago
US inflation remains concerning for the Federal Reserve, exacerbated by the Trump administration's tariffs, which contribute to upward price pressures. The core personal consumption expenditures price index is expected to rise, indicating persistent inflation well above the Fed's 2% target. Consumers are also showing increased spending, prompting the Fed to maintain interest rates steady as they assess the impact of trade policies on the economy.
Source: YAHOO