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in Economy

The Federal Reserve may have pretty much just hit its 2% inflation target

by Editor October 13, 2024, 2:07 am 1.3k Views

The Federal Reserve may have pretty much just hit its 2% inflation target

Federal Reserve Chairman Jerome Powell arrives to a news conference following the September meeting of the Federal Open Market Committee at the William McChesney Martin Jr. Federal Reserve Board Building on September 18, 2024 in Washington, DC.

Anna Moneymaker | Getty Images

This week’s inflation data provided more evidence that the Federal Reserve is nearing its objective, fresh on the heels of the central bank’s dramatic interest rate cut…

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