Reported 2 days ago
The Federal Reserve is likely to keep interest rates unchanged despite a recent lower inflation reading, which some analysts describe as the best case scenario. While the 'core' Personal Consumption Expenditures index rose at an expected 2.5%, Fed officials are concerned about the potential long-term effects of tariffs on inflation. Discussions within the Fed indicate uncertainty about whether tariff-related price increases will be temporary or more permanent, with differing opinions among policymakers on the impact of current economic conditions.
Source: YAHOO