US Inflation
The Last Mile Paradox: Sticky 2.9% Inflation Chains the Fed as Market Pivot Hopes Vanish
WASHINGTON D.C. — The Federal Reserve’s long-standing quest to bring inflation down to its 2% target has hit a formidable wall. The latest data released this week, showing both the Personal Consumption Expenditures (PCE) price index and the Producer Price Index (PPI) holding steady at 2.9%, has sent