Wells Fargo: Inflation Holds Firm at 3.1% as Tariffs and Demand Keep Pressure on Prices

Federal shutdown delays data release, but Wells Fargo expects sticky inflation through mid-2026 The American consumer's ability to keep spending is proving to be a double-edged sword for the economy. While robust demand has sustained growth, it's also preventing inflation from returning to the Federal Reserve's 2 percent target anytime soon. According to a new […]