Inflation remains sticky in 2025 with the U.S. inflation rate, as measured by the Consumer Price Index rising 0.5% in January and gaining 3% year-over-year

Federal Reserve Bank of Cleveland President Beth Hammack reckons the U.S. central bank can keep steadily shrinking its balance sheet through a period of uncertain government finances, while noting she is disinclined to support an interest rate hike even if inflation pressures do not retreat quickly enough.

The U.S. Bureau of Labor Statistics reported last week that the Consumer Price Index, a leading marker of inflation, rose 0.5% in January. Meanwhile, the Midwestern CPI rate was at

Meanwhile, economists, politicos and pundits continue to sweat allegedly “sticky” categories for goods and services and rising wages — especially after January’s Consumer Price Index accelerated . They are all fighting the last war.

Federal Reserve Bank of Cleveland President Beth Hammack reckons the U.S. central bank can keep steadily shrinking its balance sheet through a period of uncertain government finances, while noting she is disinclined to support an interest rate hike even if inflation pressures do not retreat quickly enough.

The head of a new congressional panel gearing up to strengthen Capitol Hill's oversight of the Federal Reserve plans a broad review of how the U.S. central bank makes its interest rate decisions, including whether controlling inflation should be prioritized over safeguarding employment.

The head of a new congressional panel gearing up to strengthen Capitol Hill's oversight of the Federal Reserve plans a broad review of how the U.S. central bank makes its interest rate decisions, including whether controlling inflation should be prioritized over safeguarding employment.

The head of a new congressional panel gearing up to strengthen Capitol Hill's oversight of the Federal Reserve plans a broad review of how the U.S. central bank makes its interest rate decisions, including whether controlling inflation should be prioritized over safeguarding employment.