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cryptoslate.com · Oct 10

Inflation target of 2% may not stop the next Fed rate freeze

The Fed can stop raising rates before inflation reaches 2% if officials believe the economy's already heading there without another increase. September's meeting left most unconvinced, with strong spending and persistent price increases outweighing the strain expensive borrowing was putting on parts of the economy. The minutes released Oct. 7 explain the thinking behind that […] The post Inflation target of 2% may not stop the next Fed rate freeze appeared first on CryptoSlate.

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