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Has the Fed Already Achieved 2% Inflation?
Posted
November 13, 2023
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20,492
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November 13, 2023
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1:12Now PlayingThe Fed’s blistering series of interest rates hikes were aimed squarely at returning inflation to 2%, that figure being the central bank’s preferred level of annual price increase. While headline inflation, at 3.7% yearonyear in September, is still above the Fed target, is there case to be made that 2% has already been achieved? Presented by @cmegroup
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