Inflation is proving particularly stubborn -- but jitters over banking failures, softening economy complicate Fed rate decision
- Written by Christopher Decker, Professor of Economics, University of Nebraska Omaha
AP Photo/Jose Luis Magana
The Federal Reserve is facing a rather sticky problem. Despite its best efforts over the past year, inflation is stubbornly refusing to head south with any urgency to a target of 2%.
Rather, the inflation report released on March 14,...