The Federal Reserve (Fed), like a team managing a country's money, is carefully watching prices. They want to keep prices from rising too fast (inflation). They're learning from past mistakes, like the 1970s when prices went up too much.
- The Fed is trying to control inflation by keeping interest rates steady for now.
- They're worried about new laws and world events that could affect prices.
- There's a lot of uncertainty about how things will play out.
| Topic | Fact |
|---|---|
| Inflation Goal | 2% |
| Interest Rate Action | Currently on hold, possible future adjustments |
| Uncertainty Factors | New laws, world events |
