Reported 3 days ago
The Federal Reserve's recent inflation data revealed higher-than-expected prices in February, intensifying its ongoing battle with inflation as new tariffs from the Trump administration loom. This situation raises concerns about maintaining interest rates, with Fed officials anticipating that the impact of these tariffs may persist longer than initially predicted. Despite hopes that inflation effects will be 'transitory', some analysts express doubt, suggesting significant risks and uncertainties about future price levels.
Source: YAHOO