The new goal is 2 percent inflation over the long term. Mathematically you will have to bring inflation below 2 percent for 6 or 7 years just to average 2 percent over the long term thanks to the post Covid spike. If you grew up in the 70’s and 80’s you know what bad jobs market looks like. This ain’t one. IMO

Lower rates increase the economy. Trumps white house is printing money and pushing for lower rates. Inflation should increase if that happens. Peoples investments should keep booming. I'm guessing the new Fed chair in May has some plans.

Tangible > Numeral

everything require petrol to produce or move

inflation/prices will be going up....

I don't think we'll be seeing rate cuts anytime soon.....

Absolutely, we witnessed that jyst A few years ago.

To see how oil price and inflation go hand in hand, compare these two charts.

There are other factors, but these two run pretty close together..

https://www.chartoasis.com/crude-oil-per-barrel-commodity-chart-5-years-cop2/

https://www.usinflationcalculator.com/inflation/current-inflation-rates/

My head hurts.

Rates held steady.... as expected.