Current:Home > FinanceHiking the last mile on inflation -MoneyTrend
Hiking the last mile on inflation
View
Date:2025-04-14 00:19:59
The Federal Reserve finds itself in a tricky spot with inflation just a notch above its target of 2%. This poses a challenge for the central bank as they enter what's known as the "last mile" of monetary policy. Today, we explain why the final stretch of the Fed's race to 2% inflation is considered the hardest.
Music by Drop Electric. Find us: Facebook / Newsletter.
Subscribe to our show on Apple Podcasts, Spotify, Pocket Casts and NPR One.
For sponsor-free episodes of The Indicator from Planet Money, subscribe to Planet Money+ via Apple Podcasts or at plus.npr.org.
veryGood! (634)
Related
- Former Syrian official arrested in California who oversaw prison charged with torture
- Breanna Stewart's Liberty even series with Alyssa Thomas' Sun after 'emotional' MVP reveal
- Donald Trump and his company repeatedly violated fraud law, New York judge rules
- Massachusetts man indicted on charges of trying to open jet’s door, attacking crew on United flight
- What do we know about the mysterious drones reported flying over New Jersey?
- Rece Davis addresses Ryan Day-Lou Holtz feud, says OSU coach 'really mad at Jim Harbaugh'
- New rule will cut federal money to college programs that leave grads with high debt, low pay
- 'Wow, I'm an Olympian': American breakdancing world champ books ticket to Paris Olympics
- IRS recovers $4.7 billion in back taxes and braces for cuts with Trump and GOP in power
- Apple leverages idea of switching to Bing to pry more money out of Google, Microsoft exec says
Ranking
- $73.5M beach replenishment project starts in January at Jersey Shore
- Houston approves $5M to relocate residents living near polluted Union Pacific rail yard
- A look at other Americans who have entered North Korea over the years
- Save $210 on the Perricone MD Skincare Product Reviewers Call Liquid Gold
- Apple iOS 18.2: What to know about top features, including Genmoji, AI updates
- What happens when your secret fiancee becomes your boss? Find out in 'Fair Play'
- Deion Sanders still winning in Black community after first loss at Colorado
- Pregnant Jana Kramer Shares Bonding Moment Between Fiancé Allan Russell and Ex Mike Caussin
Recommendation
Macy's says employee who allegedly hid $150 million in expenses had no major 'impact'
Trudeau apologizes for recognition of Nazi unit war veteran in Canadian Parliament
Ariana Madix Reflects on “Devastating” Tom Sandoval Scandal During DWTS Debut
Chris Kaba shooting case drives London police to consider army backup as officers hand in gun licenses
Head of the Federal Aviation Administration to resign, allowing Trump to pick his successor
Britain approves new North Sea oil drilling, delighting the industry but angering critics
Nelson Mandela's granddaughter Zoleka Mandela dies of cancer at 43
Raiders Pro Bowl DE Chandler Jones says he was hospitalized against his will in Las Vegas