Fed Might Be on Cusp of Emerging From 'Elevated' Inflation Blues
Favicon 
www.newsmax.com

Fed Might Be on Cusp of Emerging From 'Elevated' Inflation Blues

In September 2021, after absorbing three months of price hikes that were more than double the Federal Reserve's 2% target, U.S. central bank staff and policymakers shifted from their more passive tone about inflation and began describing it as "elevated."