Tag Archives: fed

For six months, half a year, the US CPI inflation rate has remained in the 3% range, averaging 3.4% in that time. That is low inflation. The inflation rate almost never exactly equals the 2% Fed target. Rather the inflation rate has bounced around 2%, and a 3% number for 6 months leaves little doubtContinue reading “A Plea to the Fed: Inflation, Interest Rates & Fed’s Combined Monetary & Macroprudential Policy”