"At the same time, the government’s latest report on consumer prices showed that inflation in some areas, particularly health care, apartment rents, restaurant meals and other services, remains persistently high, one reason why Fed Chair Jerome Powell is reluctant to signal that policymakers are prepared to cut rates anytime soon."
Read this story from "Fortune" for free without being tracked.
#interest #rate #economy #TheFed #Fed’s #Policymakers #Fed’s2