The Federal Reserve has indicated concerns over the lack of progress on inflation, according to the minutes of their latest meeting. Members of the committee expressed concern that inflation is still running well below their 2% target and the pace of increase is slower than desired. This could imply that the U.S. economy still isn’t operating at its full potential.
Increasing inflation is often a sign of a healthy economy, as it signals that consumers are spending and businesses are investing, driving up demand for goods and services.