Reiterates the central bank's determination to keep its benchmark rate elevated until inflation falls to 2% target
As central bankers gather at Jackson Hole conference this week, speeches will be scrutinized for hints
Policymakers said they "need to see more data" to be sure inflation pressures are abating
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