Inflation expected to have held firm, posing challenge amid DOJ probe into Fed Chair Powell
(NEW YORK) -- An inflation report on Tuesday is set to provide a key gauge of the nation’s economy, just days after reports of a Department of Justice probe into Federal Reserve Chair Jerome Powell brought fresh scrutiny to the independence of the central bank and its capacity to manage price increases.Economists expect year-over-year inflation to have been left unchanged at 2.7% in December. Inflation stands at its lowest level […]