The Federal Reserve recently decided to keep interest rates unchanged. This decision came despite predictions of rising inflation and slower economic growth. The central bank's move was widely expected, as markets did not anticipate any changes this week. The Federal Open Market Committee maintained the key borrowing rate within the 4. 25% to 4. 5% range, a level tha...

The economy is a tricky beast. Sometimes, it grows fast, and jobs are plenty. Other times, it slows down, and prices go up. But what happens when both bad things occur at once? This is what people call "stagflation. " It is a mix of slow growth and high inflation. It is a nightmare for the Federal Reserve, the group that controls the nation's money. The Federal Rese...