Articles for : Cleveland Fed
United States
ECONOMY
CEOs Predict Inflation Will Rise to 3.7% as Energy Costs Surge
Short summary
Business leaders expect inflation to hit 3.7% in the next year, driven by energy costs. This outlook complicates the Federal Reserve's goal of 2% inflation.
United States
ECONOMY
Fed Official Dissents on Easing Bias Amid Inflation Fears
Short summary
A top Federal Reserve official dissented, arguing against an easing bias due to rising inflation and economic uncertainty, impacting future interest rate cut expectations.