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Inflation uptick complicates Fed's plan to lower rates

How December's inflation uptick complicates Federal Reserve's plan to lower interest rates

01/11/2024

PBS News Hour

Inflation uptick complicates Fed's plan to lower rates

Clip: 1/11/2024 | 6m 34sVideo has Closed Captions

How December's inflation uptick complicates Federal Reserve's plan to lower interest rates

New data shows that inflation ran a little higher at the end of the year than expected but slowed down significantly in 2023. Consumers are still hesitant to embrace the economy's strength, a theme that was consistent throughout last year's strong economic performance. Amna Nawaz discussed the latest numbers and what might be ahead with Federal Reserve Bank of Atlanta President Raphael Bostic.

01/11/2024

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