You Can't Control Interest Rates, but You Can Control What You Do About Them
With inflation starting to come down and the economy remaining stable, investors are starting to sense that they may get the soft landing they had hoped for, meaning the Federal Reserve can bring down inflation to its target rate of 2% without sinking the economy. The recently released January Consumer Price Index (CPI) data also shows that inflation may be more stubborn than some had hoped. Year over year, the CPI was up 6.4%, a slight decline from 6.5% in December.