Inflation Remains High, But Gains Are Cooling
A senior Federal Reserve official has indicated that while inflation continues to run above the central bank's target, there is no clear evidence yet of accelerating price pressures. This nuanced assessment suggests a cautious but slightly more optimistic outlook.
Policy Makers Focus on Data Trends
Rather than reacting to isolated metrics, officials are closely monitoring the broader trajectory of inflation. Recent labor market stabilization and easing supply chain bottlenecks are helping to moderate upward price momentum.
- Core CPI has risen less than 0.3% month-over-month for three straight months
- Wage growth is gradually aligning with historical averages
- Housing costs are showing early signs of deceleration
These developments support the view that inflation may be on a gradual downward path, though policymakers remain open to further rate adjustments if needed.