Inflation Expected to Continue Falling, But Feds Seek 2% Target
Washington, DC, February 13, 2023-"The end of distressingly high inflation is coming into view,” reports the Wall Street Journal. “Consumer prices gained 6.5% in December, down from June’s 9.1% annual rate, the highest since 1981. There is good reason to think inflation will keep falling, Federal Reserve Chairman Jerome Powell said earlier this month.