Current:Home > NewsHiking the last mile on inflation -Capitatum
Hiking the last mile on inflation
View
Date:2025-04-16 19:07:51
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! (44)
Related
- Mega Millions winning numbers for August 6 drawing: Jackpot climbs to $398 million
- Israel’s president says the UN world court misrepresented his comments in its genocide ruling
- Dakota Johnson's 'SNL' opening monologue crashed by Justin Timberlake and Jimmy Fallon
- Transitional housing complex opens in Atlanta, cities fight rise in homelessness
- Meet 11-year-old skateboarder Zheng Haohao, the youngest Olympian competing in Paris
- A total solar eclipse in April will cross 13 US states: Which ones are on the path?
- Tom Selleck reveals lasting 'Friends' memory in tribute to 'most talented' Matthew Perry
- Americans don't sleep enough. The long-term effects are dire, especially for Black people
- What polling shows about Minnesota Gov. Tim Walz, Harris’ new running mate
- Kate, princess of Wales, is discharged from London hospital after abdominal surgery
Ranking
- RFK Jr. closer to getting on New Jersey ballot after judge rules he didn’t violate ‘sore loser’ law
- Jane Pauley on the authenticity of Charles Osgood
- Former NHL player Alex Formenton has been charged by police in Canada, his lawyer says
- Snoop Dogg has 'nothing but love' for former President Donald Trump after previous feud
- Sarah J. Maas books explained: How to read 'ACOTAR,' 'Throne of Glass' in order.
- Scott Disick Shares Video of Penelope Disick Recreating Viral Saltburn Dance
- Poland protests error in a social media post by EU chief suggesting Auschwitz death camp was Polish
- How Taylor Swift Can Make It to the Super Bowl to Support Travis Kelce
Recommendation
Romantasy reigns on spicy BookTok: Recommendations from the internet’s favorite genre
Pedro Almodóvar has a book out this fall, a ‘fragmentary autobiography’ called ‘The Last Dream’
Key points from AP analysis of Trump’s New York civil fraud case
Ukrainian-born model Carolina Shiino crowned Miss Japan, ignites debate
NCAA President Charlie Baker would be 'shocked' if women's tournament revenue units isn't passed
Will Taylor Swift attend Super Bowl 58 to cheer on Kansas City Chiefs' Travis Kelce?
Zebras and camels rescued from trailer fire in Indiana
China is protesting interrogations and deportations of its students at US entry points