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Inflation Steady as Fed Considers Rate Path

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“Inflation ended the year on a subdued note, as the 2025 tariff barrage worked its way through to sticker prices,” the New York Times reports.

“Consumer prices were 2.7 percent higher than a year ago… or 2.6 percent when stripping out volatile food and energy prices.”

“The report is the last of its kind before the Federal Reserve meets again in two weeks.”

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About Political Wire

Taegan Goddard is the founder of Political Wire, one of the earliest and most influential political web sites. He also runs Political Job Hunt, Electoral Vote Map and the Political Dictionary.

Goddard spent more than a decade as managing director and chief operating officer of a prominent investment firm in New York City. Previously, he was a policy adviser to a U.S. Senator and Governor.

Goddard is also co-author of You Won - Now What? (Scribner, 1998), a political management book hailed by prominent journalists and politicians from both parties. In addition, Goddard's essays on politics and public policy have appeared in dozens of newspapers across the country.

Goddard earned degrees from Vassar College and Harvard University. He lives in New York with his wife and three sons.

Goddard is the owner of Goddard Media LLC.

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