The Federal Reserve could find itself fighting too-low inflation for years to come, San Francisco Federal Reserve President Mary Daly said on Friday, and may need a new policy framework to lift inflation back up to the Fed’s 2% goal. Fed may need new approach to boost inflation, Daly says https://www.reuters.com/article/us-us…
Powell says changes to Fed’s inflation-fighting framework will be meaningful. More people at the Fed want a 4% annual inflation target! YIKES!!! https://www.marketwatch.com/story/pow…
Fed’s preferred inflation gauge showed prices rising by just 1.3% in October compared with a year earlier. The preferred measure by the Federal Reserve of core inflation in the United States is the change in the core personal consumption expenditures price index (PCE). This index is based on a dynamic consumption basket.