![The Fed, Federal Reserve try to tame inflation down by interest rate hike.](https://trajanwealth.com/wp-content/uploads/2024/04/April-2024-The-Fed-fighting-inflation.png)
Hotter Than Expected Inflation Complicates the Fed’s Path to Cut Rates
The Fed is aiming for a soft landing by reducing inflation without causing a recession. However, bringing inflation back to the 2% target is challenging. The unemployment rate has dipped and the Consumer Price Index, another measure of inflation, has increased.