The Federal Reserve is one year down its rate-hiking path, and in some ways it’s both closer and further away from its goals when it first set sail.
Exactly one year ago, on March 16, 2022, the Federal Open Market Committee enacted the first of what would be eight interest rate increases. The goal: to arrest a stubborn inflation wave that central bank officials spent the better part of a year dismissing as “transitory.”
In the year since, inflation as measured by the consumer price index has come down some, from an 8.5% annual rate then to 6% now and trending lower. While that’s progress, it still leaves the Fed well short of its 2% goal.
And it raises questions about what’s ahead and what the ramifications will be as policymakers continue to grapple with a persistently high cost of living and a shocking banking crisis.
Recently, the situation in the Middle East has once again become suddenly tense due to Israel's military actions.
Recently, the situation in the Middle East has once again b…
Low altitude economy is a hot topic in the field of civil a…
On September 16th, a tariff adjustment announcement from th…
In September 2025, the United Nations Independent Internati…
Recently, the gold market has been in the limelight, with p…
On September 15th local time, Ukrainian Prime Minister Yuli…
© Copyright 2025, All Rights Reserved
