The inflation is drifting down to the Fed's 2% target, with consumer and producer price indexes both come in around expectations.
The recent inflation data is providing more evidence that the Fed is nearing its objective, on the heels of the Fed's dramatic rate cuts a few weeks ago.
But is 2% inflation target really achievable given more uncertainties around upcoming policies from new administration, especially the tariffs which could generally raise inflation?
To be honest, it will be a bumpy road to achieve 2% inflation target based on some obstacles ahead, that means keeping inflation at bay may not be an easy task, the latest data indicates that tough prices are not receding from their troublesome heights of a few years ago.
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