The Federal Reserve Will Be Hard-pressed To Lower Inflation Without A Significant Blow To U.S. Economic Activity And A Sharp Rise In Unemployment, And Even Then May Miss Its 2% Inflation Target For Years To Come
- A Group Of Top Economists Concluded After A Review Of Central Banks' Past Inflation Battles
Stocks Tank After Latest Inflation Data: Here’s What Got Hit The Hardest
Markets traded lower during Friday’s pre-market session following the Bureau of Economic Analysis report on a 5.4% increase in the personal consumption expenditures (PCE) price index for the month of January.