The Federal Reserve said it would no longer intentionally allow inflation to run above the central bank’s 2% target, unveiling a revision to the central bank’s long-run strategy
The Federal Reserve said it would no longer intentionally allow inflation to run above the central bank’s 2% target, unveiling a revision to the central bank’s long-run strategy
The central bank retired a previous strategy and on Friday unveiled a new approach that updates how inflation and employment are balanced.
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