The Federal Reserve said growth will lag this year as the central bank finally acknowledged Wednesday what most Americans have long since realized: “Inflation has picked up.”The Fed’s statement, a customary event at the conclusion of e…
Tag: Inflation
WASHINGTON (Lesley Wroughton and Isabel Versiani) – International Monetary Fund member countries sought to bridge sharp differences over the global economy, acknowledging that rising inflation in emerging markets poses a risk to rich countri…