Federal Reserve is right to wait and see on inflation

Source: Washington Examiner · Bias: Center Right

Summary

Financial markets were hit this week with negative news on both consumer and producer price inflation. Tuesday’s CPI report showed inflation running at 3.8% on a 12-month basis, well above the Federal Reserve’s 2% inflation target. Even more concerning, the data showed inflation accelerating again after a period of moderation. Then, on Wednesday, the Treasury market was rattled […]

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Federal Reserve is right to wait and see on inflation
Washington Examiner

Federal Reserve is right to wait and see on inflation

Center Right

Financial markets were hit this week with negative news on both consumer and producer price inflation. Tuesday’s CPI report showed inflation running at 3.8% on a 12-month basis, well above the Federal Reserve’s 2% inflation target. Even more concerning, the data showed inflation accelerating again after a period of moderation. Then, on Wednesday, the Treasury market was rattled […]