Thursday's report is the first of two CPI numbers Fed policymakers will see before their next meeting
Sticky inflation could endanger the possibility of a rare ``soft landing''
Jeffrey Schmid replaces Esther George, who retired in January
Weakening inflation suggests the Fed may be able to achieve a difficult ``soft landing'' for the economy
Here's how certain trends may play out
Economists have been downgrading their probabilities of a U.S. recession
The latest evidence of economic strength makes it all but certain that the Fed will resume rate hikes
Process of getting inflation back down to 2% has "a long way to go,'' Fed chairman says
The quarter-point boost is the European Central Bank's eighth straight increase in interest rates
Signals there could be two more hikes this year