What’s ahead for the U.S. economy?
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The Easiest Part of Combating Inflation Is Almost Over
The easier part of combating inflation is actually behind us. The entirety of the pass-through from commodity prices moderating has not yet shown up. And so when do you see inflation getting back down to the 2% target? Not for quite a while, realistically. But I think once you're at two and a half or so, most Fed officials would breathe a sigh of relief.
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