By Andrew Moran The Federal Reserve will “eventually” cut interest rates as the central bank continues to inch toward achieving its inflation target of 2 percent, New York Fed President John Williams told a prominent event on Monday. Appearing at the Milken Institute 202 Global Conference in Beverly Hills, California, Mr. Williams soothed financial markets […]
Tag: Consumer Price Index (CPI)
A consumer price index is a price index, the price of a weighted average market basket of consumer goods and services purchased by households.