WASHINGTON--The Federal Reserve has reached a delicate stage in its fight against inflation. Its policymakers have raised their key interest rate to about 5.4%, its highest level in 22 years, to try to slow borrowing and spending and cool inflation pressures....
Though inflation has slowed for the past year, it's showing signs of stickiness at its current levels....
A recent uptick in gas prices sent inflation a bit higher in July. Raphael Bostic, president of the Federal Reserve Bank of Atlan
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2023-09-05 00:00:00.0