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7min chapter
Is the Fed Thinking About Inflation All Wrong?
Big Take
Federal Reserve's Inflation Target and Global Economic Shift
Discussion on the Federal Reserve's decision to maintain interest rates, the cooling of price increases in the latest consumer price index, Mohammed El-Arian's view on global economic shift towards protectionism, and the debate surrounding revising the Fed's 2% inflation target amidst concerns about consumer expectations and behavior.
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