Current:Home > MyHiking the last mile on inflation -Wealth Nexus Pro
Hiking the last mile on inflation
View
Date:2025-04-17 21:55:01
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! (2)
Related
- Could Bill Belichick, Robert Kraft reunite? Maybe in Pro Football Hall of Fame's 2026 class
- Victim killed by falling mast on Maine schooner carrying tourists was a doctor
- Wrong-way driver causes fiery wreck western Georgia highway, killing 3, officials say
- Author and activist Louise Meriwether, who wrote the novel ‘Daddy Was a Number Runner,’ dies at 100
- Skins Game to make return to Thanksgiving week with a modern look
- Former New York congressman wants to retake seat as Santos’ legal woes mount
- Rep. Santos faces new charges he stole donor IDs, made unauthorized charges to their credit cards
- Oil prices are rising amid the Israel-Hamas war. Here's what it means for U.S. drivers.
- The Super Bowl could end in a 'three
- Vermont police search for killer of a retired college dean shot on trail near university
Ranking
- Taylor Swift Eras Archive site launches on singer's 35th birthday. What is it?
- Evacuations are underway in Argentina’s Cordoba province as wildfires grow amid heat wave
- West Maui starts reopening to tourists as thousands still displaced after wildfires: A lot of mixed emotions
- Man arrested for throwing rocks at Illinois governor’s Chicago home, breaking 3 windows, police say
- Appeals court scraps Nasdaq boardroom diversity rules in latest DEI setback
- Black man was not a threat to Tacoma police charged in his restraint death, eyewitness says at trial
- Kendall Jenner Recreates Fetch Mean Girls Scene in Must-See TikTok
- 2 Georgia children recovering after separate attacks by ‘aggressive’ bobcat
Recommendation
Selena Gomez engaged to Benny Blanco after 1 year together: 'Forever begins now'
Myanmar military accused of bombing a displacement camp in a northern state, killing about 30
Good gourd! Minnesota teacher sets world record for heaviest pumpkin: See the behemoth
Detained Wall Street Journal reporter Evan Gershkovich loses appeal in Russian court
'Most Whopper
Chinese coast guard claims to have chased away Philippine navy ship from South China Sea shoal
Khloe Kardashian Proves Babies Tatum and True Thompson Are Growing Up Fast in Sweet Sibling Photo
IMF outlook worsens for a world economy left ‘limping’ by shocks like Russia’s war