Inflation rose at a steady pace in December and remained persistently above the Federal Reserve's target rate as policymakers consider the case for interest rate cuts amid economic uncertainty. The ...
Core CPI inflation was its most moderate level since early 2021, but Goldman Sachs economists project it will increase to 3.7% by December, far above the 2% target.
A 66-year-old retiree with $1.5 million and a 60/40 portfolio faces a quiet crisis when inflation runs higher than planned.
The 10-year Treasury yield has hovered around 4% even as inflation remains near 3%. As labor market conditions softened through 2025, policymakers began placing more weight on employment risks than ...