Although it may appear that inflation is starting to decrease, it is important to recognize that it still remains a significant issue.
Inflation remains a challenge despite nearing the Federal Reserve’s 2% target, with prices of goods and services still high across the economy. Fed officials, including San Francisco Fed President Mary Daly, are cautious and vigilant, as inflation levels have remained elevated for more than three years. Consumers continue to accumulate debt to cover rising costs, … Read more