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Dallas Fed: Inflation has risen to meet 2% target

Monday, June 3, 2019   (0 Comments)
Posted by: Amanda Averch
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Economists at the Federal Reserve Bank of Dallas say inflation ticked up to the Fed's 2% target in April. They made the calculation using the Trimmed Mean PCE tool, which they say "provides better real-time signals of the trend in all-items (headline) inflation than does the usual ex-food-and-energy measure," an assertion endorsed by Federal Reserve Bank of New York President John Williams.

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