the-latest-inflation-data-is-(mildly)-good-news-for-the-fed

The Latest Inflation Data Is (Mildly) Good News for the Fed


We’ve detected you are on Internet Explorer. For the best Barrons.com experience, please update to a modern browser.



We’ve detected you are on Internet Explorer. For the best Barrons.com experience, please update to a modern browser.GoogleFirefox

This copy is for your personal, non-commercial use only. To order presentation-ready copies for distribution to your colleagues, clients or customers visit http://www.djreprints.com.

https://www.barrons.com/articles/fed-interest-rates-inflation-pce-51656613291


  • Order Reprints

  • Print Article

Fed chief Jerome Powell, shown testifying before a House panel last week, may not have to raise rates as aggressively at coming meetings as some inflation data are showing signs of peaking.


Win McNamee/Getty Images

Federal Reserve Chairman Jerome Powell gave two clear reasons why the central bank raised interest rates by 0.75 percentage point at its June meeting and left the door open to do it again in July. Two weeks later, both factors could be fading already.

One was consumers’ inflation expectations, which had jumped in a preliminary report just before the Fed’s policy meeting but have since, in a final reading, fallen back roughly in line to where they have stood for the past year.


The Latest Inflation Data Is (Mildly) Good News for the Fed

Federal Reserve Chairman Jerome Powell gave two clear reasons why the central bank raised interest rates by 0.

An error has occurred, please try again later.

Thank you

This article has been sent to