Key inflation metric flashes red at 4.1%
Key Insight: The Fed’s preferred inflation gauge rose again in May, extending a streak of elevated readings that leaves policymakers with little room to pivot toward rate cuts. What’s at Stake: With the federal funds rate holding between 3.5% and 3.75%, the headline figure exceeds the upper bound of the Fed’s target range, producing a […]
Key inflation metric flashes red at 4.1% Read More »
