Why the Fed Isn’t Ready to Declare Victory on Inflation

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Why the Fed Isn’t Ready to Declare Victory on Inflation
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Uncertainty over where inflation will settle after anticipated declines this summer makes it hard to predict the Federal Reserve’s next steps

Officials remain concerned about whether wages and price growth can slow enough without an economic downturnThe Federal Reserve last month held its benchmark federal-funds rate steady but is expected to

raise rates this week.Uncertainty over the path of inflation later this summer makes it hard to predict the Federal Reserve’sDow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8

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