Inflation will move toward 2% target

Inflation will move toward 2% target, but risks to outlook are rising, says Fed's Musalem
The risks for higher inflation are on the rise, St. Louis Federal Reserve President Alberto Musalem said Monday.
Musalem Says Inflation Expectations Key If Fed’s Goals Conflict
Federal Reserve Bank of St. Louis President Alberto Musalem said that while he anticipates price growth to moderate toward the central bank’s 2% goal, it is vital for policymakers to keep inflation expectations in check.
Inflation, growth may be in conflict but Fed seen restarting cuts in June
New data may point to emerging tension between the U.S. Federal Reserve's dual inflation and employment goals, as price pressures remained sticky in January while consumer spending slowed more than expected.
Inflation to persist above 2% Fed goal into 2027 or later: NABE
Traders in interest-rate futures increased the odds that the Federal Reserve this month will continue its pause on easing borrowing costs.
Bessent Says He Sees Inflation Reaching Fed’s 2% Target Quickly
Treasury Secretary Scott Bessent said he’s confident US consumer price increases will slow over the course of the year after a poll suggested Americans want President Donald Trump to focus more on bringing down inflation.
Federal Reserve's Schmid emphasizes vigilance amid rising consumer inflation expectations
Surveys showing a rise in consumer inflation expectations mean the central bank needs to keep its focus on ensuring price pressures are contained.
Fed’s Musalem watching growth risks and rising inflation expectations as he urges 'patient approach' to rates
St. Louis Fed president Alberto Musalem said Monday that he is closely watching longer-term inflation expectations and downside risks to growth as he argues for maintaining a 'patient approach' to monetary policy.
St. Louis Fed's Musalem says Fed is in 'good place' on policy; he'll watch inflation expectations
The Federal Reserve's monetary policy stance remains in a "good place" to address risks to the Fed's dual mandate, Alberto Musalem, St. Louis Fed president, said on Monday. "I believe a patient policy approach now will help.
Republicans in Congress Turn Up Scrutiny of Fed as Inflation Persists
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If Inflation Is Higher Prices, How Dangerous For The Fed To Fight It
The economic consensus of the moment is that higher prices are the same as inflation, and the Fed is the only governmental ...
Inflation Eased Slightly in January, Fed’s Preferred Gauge Showed
The central bank’s preferred inflation measure, released on Friday, climbed 2.5 percent in January from a year earlier, ...
The PCE report, the Fed's preferred inflation measure, is out. Here's what it says.
A large majority of Americans say their incomes aren't keeping pace with inflation. Here's what the numbers say.
Inflation gauge favored by Fed showed prices grew as expected in January
The latest reading of the Federal Reserve's preferred inflation gauge showed that prices rose in line with economists' ...
Inflation traders brace for short-term shock from tariffs, immigration policies
Inflation traders are positioning for a consumer-price index that produces a seven-month string of annual headline inflation ...
Treasury Secretary Scott Bessent sees inflation plummeting to the Federal Reserve’s 2% target despite Trump’s tariffs
Bessent blamed “four years of disastrous policies,” for scorching inflation, claimed the current administration was working ...
Jump in inflation expectations bad news for Trump, the Fed, and all Americans
The survey director noted that long-range inflation expectations have increased quickly, calling it an “unusually large increase." ...