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Will the Fed Abandon Its 2% Inflation Target?

Posted

May 17, 2023

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US inflation continues to hover around an annual rate of 5%, despite a year of relentless rate hikes by the Federal Reserve. The continued tightening is designed to return inflation to the Fed’s target rate of 2%. Will the central bank be obliged to accept a higher minimum level? Presented by @cmegroup

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Will the Fed Abandon Its 2% Inflation Target? · Bloomberg News · Sentinel