Inflation’s Last Mile Will Test the Fed

By The Federal Reserve’s difficult task suddenly looks even harder. The central bank’s goal has been to restrain demand enough to push inflation gently back to its 2% target without tipping the economy into a recession. Up to now, its strategy has worked well: Inflation has fallen sharply from its post-Covid peak and the economy…

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March’s PCE Inflation Expected To Support Later Interest Rate Cuts

By More From ForbesApr 22, 2024,10:27am EDTChina Market Update: China Technology’s Outperformance Vs. US Tech Since February Widens”,”scope”:{“topStory”:{“index”:2,”title”:”China Market Update: China Technology’s Outperformance Vs. US Tech Since February Widens”,”image”:”https://specials-images.forbesimg.com/imageserve/66266fef50ce7588a4b30ead/290×0.jpg”,”isHappeningNowArticle”:false,”date”:{“monthDayYear”:”Apr 22, 2024″,”hourMinute”:”10:13″,”amPm”:”am”,”isEDT”:true,”unformattedDate”:1713795224792},”uri”:”https://www.forbes.com/sites/brendanahern/2024/04/22/china-market-update-china-technologys-outperformance-vs-us-tech-since-february-widens/”}},”id”:”8lk3aaoa4ao000″},{“textContent”:”Apr 22, 2024,09:59am EDTThe Russell 2000’s Biggest Holding: Super Micro Computer. Price Charts”,”scope”:{“topStory”:{“index”:4,”title”:”The Russell 2000’s Biggest Holding: Super Micro Computer. Price Charts”,”image”:”https://specials-images.forbesimg.com/imageserve/64d2ec8b37a7bc2da1d9d11b/290×0.jpg”,”isHappeningNowArticle”:false,”date”:{“monthDayYear”:”Apr 22, 2024″,”hourMinute”:”08:12″,”amPm”:”am”,”isEDT”:true,”unformattedDate”:1713787951926},”uri”:”https://www.forbes.com/sites/johnnavin/2024/04/22/the-russell-2000s-biggest-holding-super-micro-computer-price-charts/”}},”id”:”4o08lp20gn6000″},{“textContent”:”Apr 21,…

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Inflation defined: What is it, what causes it, and what is hyperinflation?

By Inflationary headwinds have clouded economic forecasts as a new report brings mixed news.Inflation ran hot for a third consecutive month in March, raising questions about when the Federal Reserve can begin cutting interest rates. Overall prices increased 3.5% from a year earlier, according to the Labor Department’s consumer price index.Though inflation has cooled from post-pandemic highs…

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