Fed will need to explain why current inflation jump differs from 2022 surge

US inflation pressures are rising again as CPI shows the fastest monthly increase in nearly four years, driven mainly by energy costs linked to geopolitical tensions. While headline inflation spikes, core inflation remains relatively stable. The Federal Reserve is expected to hold rates steady, balancing oil-driven volatility and growth risks.

from Markets-Economic Times https://ift.tt/lQXF8bo
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