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.

The cost of living index went up .7% in February. The largest monthly increase in several months and that does not include any of the increases in March which will be substantial. We are seeing the real impacts of year old tariffs, now. So all of us that belive a 3-6 week pump in energy costs will disappear by the 4th of July do not understand how our economy works. Businesses are spending billions more for goods and services that will be in our economic future for many months. Long term things like fertilizer. Most fertilizer has been purchased for 2026, but the cost for 2027 has already gone way up It is not just the cost of the fertilizer used per acre it also shows up as less is used and that can trigger lower yields and thus shorter supplies. Corn has already gone up .25 cents since March 1st and we still have a 2 billion bushel carryover but users know and feel there could be some real supply concerns heading our way even without weather etc. Fertilizer issues impact all major crop countries, like Brazil, China, Ukraine, Argentina, India etc.

Bryce