Inflation's Persistence Creates Dilemma for Federal Reserve Americans’ intense dislike for inflation poses a significant challenge for the Federal Reserve. Despite improvements, inflation remains above the Fed’s 2% target, with April’s rate at 2.7%. This situation complicates the Fed’s decision-making, as policymakers are expected to keep interest rates steady at their highest level in over two decades. Pre-pandemic, some economists argued for a higher inflation target to avoid the “zero lower bound” problem, where the Fed’s ability to cut rates in a recession is limited, leading to prolonged economic recovery and joblessness. « Previous Article Next Article » Share This Article Choose Your Platform: Facebook Twitter Google Plus Linkedin Related Posts Revolutionize Your Portfolio with Gold, Silver, and Bitcoin READ MORE Insider Alert: Mike’s Made a Change to His Portfolio READ MORE Striking Gold: Could Miner's Returns Outpace Gold Bullion? READ MORE Global Air Travel in Turmoil as CrowdStrike Outage Continues READ MORE Gold Inches Higher as Markets Await Powell's Testimony and Inflation Data READ MORE Add a Comment Cancel replyYour email address will not be published.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