Forecasting inflation has become a major challenge for central banks since 2020, due to supply chain disruptions and economic uncertainty post-pandemic. Machine learning models can improve forecasting ...
Explore how inflation affects economic recovery, from employment rates to borrowing costs, and understand its potential ...
The FOMC voted 11-1 to cut the federal funds rate by a quarter percent, setting the interest rate between 4 and 4.25 percent. Federal Reserve Chairman Jerome Powell characterized the rate cut as a ...