{"id":2160,"date":"2026-02-12T14:34:08","date_gmt":"2026-02-12T14:34:08","guid":{"rendered":"https:\/\/foreignnewstoday.com\/?p=2160"},"modified":"2026-02-12T14:34:08","modified_gmt":"2026-02-12T14:34:08","slug":"federal-reserve-expects-to-cut-interest-rate-just-once-this-year-as-inflation-remains-high","status":"publish","type":"post","link":"https:\/\/foreignnewstoday.com\/?p=2160","title":{"rendered":"Federal Reserve expects to cut interest rate just once this year as inflation remains high"},"content":{"rendered":"<p><br \/>\n<\/p>\n<div data-editable=\"content\" data-reorderable-component=\"content\">\n<div data-uri=\"cms.cnn.com\/_components\/image\/instances\/image-84d0b3164952ff49a9baae577701d320@published\" class=\"image image__hide-placeholder\" data-image-variation=\"image\" data-name=\"\" data-component-name=\"image\" data-observe-resizes=\"\" data-breakpoints=\"{\" image--eq-extra-small=\"\" data-original-ratio=\"0.6565\" data-original-height=\"1313\" data-original-width=\"2000\" data-url=\"https:\/\/media.cnn.com\/api\/v1\/images\/stellar\/prod\/f9ec0d1c-5aa9-4ea6-8e30-cfd07e0c5027.jpg?c=original\" data-editable=\"settings\">\n<div class=\"image__container \" data-image-variation=\"image\" data-breakpoints=\"{\" image--eq-extra-small=\"\">\n       <picture class=\"image__picture\"><source height=\"1313\" width=\"2000\" media=\"(max-width: 479px)\" srcset=\"https:\/\/media.cnn.com\/api\/v1\/images\/stellar\/prod\/f9ec0d1c-5aa9-4ea6-8e30-cfd07e0c5027.jpg?c=original&amp;q=w_480,c_fill\"><source height=\"1313\" width=\"2000\" media=\"(min-width: 1280px)\" srcset=\"https:\/\/media.cnn.com\/api\/v1\/images\/stellar\/prod\/f9ec0d1c-5aa9-4ea6-8e30-cfd07e0c5027.jpg?c=original&amp;q=w_1280,c_fill\"><source height=\"1313\" width=\"2000\" media=\"(min-width: 960px)\" srcset=\"https:\/\/media.cnn.com\/api\/v1\/images\/stellar\/prod\/f9ec0d1c-5aa9-4ea6-8e30-cfd07e0c5027.jpg?c=original&amp;q=w_960,c_fill\"><source height=\"1313\" width=\"2000\" media=\"(min-width: 480px)\" srcset=\"https:\/\/media.cnn.com\/api\/v1\/images\/stellar\/prod\/f9ec0d1c-5aa9-4ea6-8e30-cfd07e0c5027.jpg?c=original&amp;q=w_480,c_fill\"><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/media.cnn.com\/api\/v1\/images\/stellar\/prod\/f9ec0d1c-5aa9-4ea6-8e30-cfd07e0c5027.jpg?c=original&amp;q=w_1280,c_fill\/f_avif\" alt=\"People have lunch at a restaurant at the Moynihan Train Hall on May 11, 2023, in New York City.\" class=\"image__dam-img image__dam-img--loading\" onload=\"this.classList.remove('image__dam-img--loading')\" onerror=\"imageLoadError(this)\" height=\"1313\" width=\"2000\" loading=\"lazy\"\/><\/source><\/source><\/source><\/source><\/picture>\n    <\/div>\n<\/div>\n<p class=\"paragraph inline-placeholder vossi-paragraph\" data-uri=\"cms.cnn.com\/_components\/paragraph\/instances\/paragraph-317bcbf9c2c51cfebd7a520c91f78fb1@published\" data-editable=\"text\" data-component-name=\"paragraph\" data-article-gutter=\"true\">\n            Grocery prices\u00a0<a href=\"https:\/\/www.cnn.com\/2024\/05\/15\/business\/grocery-prices-april\/index.html\" target=\"_blank\">stayed flat in May<\/a>, after\u00a0<a href=\"https:\/\/www.cnn.com\/2024\/05\/15\/business\/grocery-prices-april\/index.html\" target=\"_blank\">ticking down<\/a>\u00a0the month before. But menu prices, a source of frustration for budget-conscious consumers, are still going up \u2014 even as restaurants\u00a0<a href=\"https:\/\/www.cnn.com\/2024\/05\/30\/business\/fast-food-deals-back-mcdonalds\/index.html\" target=\"_blank\">brag about their discounted meals<\/a>.\n    <\/p>\n<p class=\"paragraph inline-placeholder vossi-paragraph\" data-uri=\"cms.cnn.com\/_components\/paragraph\/instances\/paragraph-2033f93f0443dddc298302084159f4b2@published\" data-editable=\"text\" data-component-name=\"paragraph\" data-article-gutter=\"true\">\n            Menu prices rose 0.4% at sit-down restaurants from April to May, adjusted for seasonal swings, according to\u00a0<a href=\"https:\/\/www.cnn.com\/2024\/06\/12\/economy\/consumer-price-index-inflation-may\/index.html\" target=\"_blank\">inflation data<\/a>\u00a0released Wednesday by the Bureau of Labor Statistics. In that time, prices ticked up by 0.2% at limited service spots, which include fast casual and fast food joints.\n    <\/p>\n<p class=\"paragraph inline-placeholder vossi-paragraph\" data-uri=\"cms.cnn.com\/_components\/paragraph\/instances\/paragraph-9c14ac4dea9b7d07110fa89546dda8fc@published\" data-editable=\"text\" data-component-name=\"paragraph\" data-article-gutter=\"true\">\n            The difference between grocery increases and menu price inflation was more pronounced for the full year. Grocery prices rose 1% in the 12 months through May. In that period, menu prices at full-service, or sit-down, restaurants rose 3.5%. They jumped 4.5% at limited-service restaurants, which include fast food and fast casual joints.\n    <\/p>\n<p class=\"paragraph inline-placeholder vossi-paragraph\" data-uri=\"cms.cnn.com\/_components\/paragraph\/instances\/paragraph-db0190dd6314758d3f9fabe706dc0781@published\" data-editable=\"text\" data-component-name=\"paragraph\" data-article-gutter=\"true\">\n            Those increases, particularly in fast food prices, have caused customers to\u00a0<a href=\"https:\/\/www.cnn.com\/2024\/02\/06\/business\/mcdonalds-prices\/index.html\" target=\"_blank\">pull back<\/a>, eroding the sector\u2019s reputation for affordability.\n    <\/p>\n<p class=\"paragraph inline-placeholder vossi-paragraph\" data-uri=\"cms.cnn.com\/_components\/paragraph\/instances\/paragraph-2228bf45701146d83459a9346c2da213@published\" data-editable=\"text\" data-component-name=\"paragraph\" data-article-gutter=\"true\">\n            Restaurant chains raise menu prices every year, but the pace has increased since the pandemic. While higher prices didn\u2019t scare people off at first, customers seem to have had enough, leaving chains to reverse course.\n    <\/p>\n<p class=\"paragraph inline-placeholder vossi-paragraph\" data-uri=\"cms.cnn.com\/_components\/paragraph\/instances\/paragraph-e085e63393ea531d0920e930321d2b8a@published\" data-editable=\"text\" data-component-name=\"paragraph\" data-article-gutter=\"true\">\n            Read more <a href=\"https:\/\/www.cnn.com\/2024\/06\/12\/business\/menu-prices-rising\/index.html\" target=\"_blank\">here.<\/a>\n    <\/p>\n<\/p><\/div>\n<p><br \/>\n<br \/><a href=\"https:\/\/www.cnn.com\/business\/live-news\/markets-fed-meeting-06-12-24\/index.html\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Grocery prices\u00a0stayed flat in May, after\u00a0ticking down\u00a0the month before. But menu prices, a source of frustration for budget-conscious consumers, are still going up \u2014 even as&hellip;<\/p>\n","protected":false},"author":1,"featured_media":2161,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_lmt_disableupdate":"","_lmt_disable":"","footnotes":""},"categories":[28],"tags":[],"class_list":["post-2160","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-us-news"],"_links":{"self":[{"href":"https:\/\/foreignnewstoday.com\/index.php?rest_route=\/wp\/v2\/posts\/2160","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/foreignnewstoday.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/foreignnewstoday.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/foreignnewstoday.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/foreignnewstoday.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=2160"}],"version-history":[{"count":0,"href":"https:\/\/foreignnewstoday.com\/index.php?rest_route=\/wp\/v2\/posts\/2160\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/foreignnewstoday.com\/index.php?rest_route=\/wp\/v2\/media\/2161"}],"wp:attachment":[{"href":"https:\/\/foreignnewstoday.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=2160"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/foreignnewstoday.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=2160"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/foreignnewstoday.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=2160"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}