Inflation has cooled considerably since peaking in June 2022, but the annual rate remains above the Federal Reserve's goal of 2%. Fed officials and economists expect inflation to stay above the central bank's target level in 2025. Economists say that the tariffs that President-elect Donald Trump has pledged to implement could drive up prices.

Some on Wall Street think the fight to stabilize prices isn’t over yet.

Inflation will remain above the Federal Reserve’s target, with President-elect Trump’s policies limiting production while stimulating spending. Click to read.

The December 2024 economic projections from the central bank show significant changes from the September figures. They indicate rising inflation and potential impact.

The Federal Reserve today made its final interest rate decision of 2024, capping a year during which the central bank provided some financial relief to inflation-weary borrowers in September by ushering in its first rate reduction in four years.

The US Federal Reserve has entered the New Year with the last mile in its inflation battle stalled, as president-elect Donald Trump's policies add a new degree of uncertainty to the central bank's outlook.

An inflation gauge that is closely watched by the Federal Reserve barely rose last month in a sign that price pressures cooled after two months of sharp gains

The Federal Reserve's policymakers announced that they will cut the benchmark federal funds rate by a quarter point in December, marking the central bank's third straight cut.

The Federal Reserve cut its key interest rate by a quarter-point — its third cut this year — but also signaled that it expects to reduce rates more slowly next year.

More importantly, inflation is also proving stubborn. Some argue that the Fed should be willing to tolerate (even if only implicitly, rather than explicitly) inflation being a bit higher for a bit longer than it theoretically should. Mohamed A. El-Erian over on Bloomberg Opinion explains this “3% inflation target” view here.

The Federal Reserve's favored inflation gauge came in lower than expected in November, but it still remains above the central bank's target level as they continue efforts to wrestle inflation down.

Federal Reserve's Preferred Inflation Gauge Shows Price Pressures Eased Last Month WASHINGTON (AP) — An inflation gauge that is closely watched by the Federal Reserve barely rose last month in a ...