U.S. economy shows only modest signs of inflation pressures: Fed

• April 19, 2017
• realestatelife
• Business & Markets, Real Estate Finance

The U.S. economy expanded at a modest-to-moderate pace between mid-February and the end of March, but inflation pressures remained in check despite more difficulties in attracting and retaining workers. There is still debate within the Fed about just how rapid and sustained the pickup in inflation will be given that it has struggled to reach the central bank’s 2 percent target over several years.