Federal Reserve dealing with persistent inflation, bank failures
New data out Tuesday show inflation remains a thorn in the side of the U.S. economy. Meanwhile, bank failures have Americans on edge.
Consumer prices were 6% higher in February than they were a year ago, and the central bank recently indicated it would raise interest rates to curb that inflation. But after Silicon Valley Bank in California and Signature Bank in New York collapsed in recent days, the Fed may decide to take a more conservative approach.
Reset hears the latest on inflation, recent bank failures and what it all means for the economy.
GUEST: Scott Horsley, NPR chief economics correspondent
More From
Reset with Sasha-Ann Simons
Federal Reserve dealing with persistent inflation, bank failures
New data out Tuesday show inflation remains a thorn in the side of the U.S. economy. Meanwhile, bank failures have Americans on edge.
Consumer prices were 6% higher in February than they were a year ago, and the central bank recently indicated it would raise interest rates to curb that inflation. But after Silicon Valley Bank in California and Signature Bank in New York collapsed in recent days, the Fed may decide to take a more conservative approach.
Reset hears the latest on inflation, recent bank failures and what it all means for the economy.
GUEST: Scott Horsley, NPR chief economics correspondent
More From
Reset with Sasha-Ann Simons