Current:Home > NewsHiking the last mile on inflation -PrimeWealth Guides
Hiking the last mile on inflation
View
Date:2025-04-20 03:31:14
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! (1)
Related
- Spooky or not? Some Choa Chu Kang residents say community garden resembles cemetery
- No Labels push in closely divided Arizona fuels Democratic anxiety about a Biden spoiler
- Woman, who jumped into outhouse toilet to retrieve lost Apple Watch, is rescued by police
- 84-year-old man back in court after being accused of shooting Black teen Ralph Yarl
- Nearly 400 USAID contract employees laid off in wake of Trump's 'stop work' order
- Prince William says 'optimism' and 'hope' is key to climate reform during Earthshot Prize in NYC
- Ozzy Osbourne Shares His Why He's Choosing to Stop Surgeries Amid Health Battle
- Maryland apologizes to man wrongly convicted of murder, agrees to $340K payment for years in prison
- Charges tied to China weigh on GM in Q4, but profit and revenue top expectations
- What Biden's unwavering support for autoworkers in UAW strike says about the 2024 election
Ranking
- Travis Hunter, the 2
- Mega Millions jackpot grows to $183 million. See winning numbers for Sept. 19 drawing.
- Illinois man pleads guilty to trying to burn down planned abortion clinic
- GOP state Rep. Richard Nelson withdraws from Louisiana governor’s race
- Off the Grid: Sally breaks down USA TODAY's daily crossword puzzle, Triathlon
- The Federal Reserve is making a decision on interest rates today. Here's what to expect.
- Deadline from auto workers grows closer with no sign of a deal as Stellantis announces layoffs
- Judge sets trial date to decide how much Giuliani owes 2 election workers in damages
Recommendation
Highlights from Trump’s interview with Time magazine
Democrats want federal voting rights bill ahead of 2024 elections
Orphaned newborn otter rescued after deadly orca attack: The pup started crying out for its mother
Detroit Auto Show underway amid historic UAW strike
Friday the 13th luck? 13 past Mega Millions jackpot wins in December. See top 10 lottery prizes
Group behind Supreme Court affirmative action cases files lawsuit against West Point over admissions policies
'DWTS' Mirrorball Trophy is renamed for judge Len Goodman. What else is new on dancing show?
Iconic Budweiser Clydesdales will no longer have their tails shortened