The Federal Reserve, which controls money in the US, is waiting to see if prices (inflation) go down to their goal of 2%. They raised interest rates last year to slow things down, kind of like putting on the brakes of a car. Now, they're watching to see if it worked and if they need to do more.
- The Fed is pausing and watching inflation.
- They want to see inflation drop to 2% before lowering interest rates again.
- Some worry that inflation might go up again.
- The Fed is also keeping an eye on things like the stock market and debt.
| Fact | Number/Prediction |
|---|---|
| Inflation Goal | 2% |
| Interest Rate Change (Last Year) | Lowered |
| Current Fed Stance | Pause, watching carefully |
