Inflation’s pace eased again. What does that mean for Fed’s interest rates? – The Hill
Now that inflation is cooling, with six straight months of moderating increases, all eyes are on the Federal Reserve’s next meeting, where officials will decide whether to further slow their interest rate hikes.Consumer prices fell 0.1 percent in December and rose 6.5 percent annually, according to the Labor Department’s consumer price index (CPI) released Thursday. That’s down from the 7.1 … Read more