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Why is inflation still above the fed's target?
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4 hours ago · According to the Fed’s preferred measure, inflation has tumbled from 7.1% in June 2022 to 2.7% in March. That same gauge showed, though, that prices accelerated in the first three months of 2024, disrupting last year’s steady slowdown. On Friday, economists expect the government to report that this measure rose 2.7% in April from a year ...
2 days ago · Inflation Levels and (In)Attention. Inflation expectations are key determinants of economic activity and are central to the current policy debate about whether inflation expectations will remain anchored in the face of recent pandemic-related increases in inflation. This paper explores evidence of inattention by constructing two novel and ...
3 days ago · Economists expect the personal consumption expenditures price index minus food and energy — due on Friday — to rise 0.2% in April. That would mark the smallest advance so far this year for the...
5 days ago · 2:01. US consumers tempered their inflation expectations in the second half of May compared with earlier in the month, though high prices continued to weigh on sentiment. Consumers expect prices ...
5 days ago · View a measure of the average expected inflation over the five-year period that begins five years from the date data are reported.
3 days ago · For price stability, the Committee seeks inflation that averages 2 percent over time, as measured by the Price Index for Personal Consumption Expenditures (PCE). 1. So how are we doing?
4 days ago · From an economics standpoint, inflation is neither ‘good’ nor ‘bad’, it is simply a measure of how the prices of a basket of goods and services change over time. Inflation becomes either ‘good’...
