The news is about the Federal Reserve (Fed), which is like a bank for other banks in the USA. They're worried about inflation, which means prices are going up really fast. They're learning from mistakes made in the past when inflation got out of control.
- Inflation is still high, and people expect it to stay high.
- The Fed might keep interest rates the same to fight inflation.
- Experts are looking at different ways to measure inflation.
| Fact | Number |
|---|---|
| Inflation expectations for the next year | 6% |
| Fed's inflation goal | 2% |
