Fed Officials Debate Future of Goods Price Declines Amid Inflation Fight As the Federal Reserve approaches the end of its inflation-fighting efforts, a key question arises: will prices for goods continue to drop? Significant declines in prices for items like apparel and used cars helped reduce inflation faster than expected in late 2023, but the pace has slowed in early 2024, leading to higher inflation readings. Policymakers are divided on whether supply chains have fully recovered from pandemic and war disruptions. Fed Chair Jerome Powell is optimistic about further price reductions, while some colleagues remain doubtful. « Previous Article Next Article » Share This Article Choose Your Platform: Facebook Twitter Google Plus Linkedin Related Posts Fed's Dot Plot to Reveal Insights on Potential Rate Cuts READ MORE Second Quarter Sees Unexpected Boost in Worker Efficiency, Moderating Wage Growth READ MORE US Crude Oil Holds Strong Above $80 Despite Mixed Data READ MORE Inflation Is Down but Don't Thank the Fed READ MORE Gold Inches Upward as Market Awaits Fed Signals READ MORE Add a Comment Cancel replyYour email address will not be published. Required fields are marked *Name * Email * Save my name, email, and website in this browser for the next time I comment. Comment