‘Sticky prices’ in the services sector is giving the Fed headaches

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‘Sticky prices’ in the services sector is giving the Fed headaches

President Trump’s tariff push is one of the many things the Federal Reserve will have to contend with as it battles to bring down inflation.

Andrew Levin, former Federal Reserve adviser and Dartmouth College professor, joins Market Domination hosts Josh Lipton and Julie Hyman to note the Fed closely monitors “sticky prices” in the service sector — which remain about 1-1.5% above pre-pandemic levels, he says.

Levin explains, “The Fed has to make sure that it comes all the way back to the target.”

He explains that the Fed may have a long battle ahead that could require the central bank to have “moderately tight policy for quite a while to come.”

Watch the video above to hear what Levin has to say about the Trump administration’s focus on bringing down the 10-year Treasury yield.

To watch more expert insights and analysis on the latest market action, check out more Market Domination here.

This post was written by Josh ******

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