The Fed might raise its target interest rate to curb inflation during times of ... according to the St. Louis Fed’s 3-month historical CD rates chart. While rates were high in the 1980s, ...
the U.S. inflation rate has been fairly close to that target. But there have been some major swings in the inflation rate during that time. Inflation has also impacted certain parts of the ...
"We inherited from the last administration an economic catastrophe and an inflation nightmare," U.S. President Donald Trump ...
Since Mr Trump’s election, that figure has surged by 1.7 percentage points—the joint-largest three-month rise since 1979, when inflation hit double digits. Some market measures tell a similar story.
A chart comparing today's post-COVID-19 inflationary wave to the great inflation of the 1970s is ... "If the Fed cuts interest rates too early, it increases the likelihood that we will see a ...