The 2% inflation target was set arbitrarily decades ago and may no longer fit today's economic realities. Persistently aiming for 2% inflation is increasingly difficult due to higher liquidity, larger ...
The inflation rate is not zero; it’s currently at 2.9% year over year. That’s higher than the Fed’s 2% "price stability" target. The inflation rate also has been rising for the past four months. See ...
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