Inflation ‘Near’ 2% Doesn’t Cut It Anymore for the Fed
Jerome Powell, chairman of the U.S. Federal Reserve, pauses during a news conference following a Federal Open Market Committee (FOMC) meeting in Washington, D.C., U.S. (Photographer: Andrew Harrer/Bloomberg)

Inflation ‘Near’ 2% Doesn’t Cut It Anymore for the Fed

(Bloomberg Opinion) -- In case it wasn’t obvious before the Federal Reserve’s January meeting on Wednesday, it should be crystal clear now: The central bank is obsessed with inflation.
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