Inflation has stayed above the Federal Reserve’s 2% target for 66 consecutive months, Ronnie Stoeferle says, raising fresh questions about the central bank’s commitment to its benchmark. His critique underscores a broader credibility issue around Fed messaging.
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Inflation has stayed above the Federal Reserve’s 2% target for 66 consecutive months, Ronnie Stoeferle says, raising fresh questions about the central bank’s commitment to its benchmark. His critique underscores a broader credibility issue around Fed messaging
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