Inflation Data Clouds Outlook for Fed Policy Under New Leadership
Economic Indicators Signal Persistent Price Pressures The latest Consumer Price Index (CPI) report, released this week in Washington, D.C., indicates that inflation remains stubbornly above the Federal Reserve’s two percent target, complicating the policy landscape for incoming Chair Kevin M. Warsh. As the central bank prepares for its upcoming Federal Open Market Committee (FOMC) meeting,…
