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DeepNewz, mobile.
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Americans express strong dislike for inflation, posing a significant challenge for the Federal Reserve. The Fed, which has traditionally targeted 2% inflation, faces suggestions from some economists to raise it to 4% to enhance flexibility during economic downturns. Despite inflation exceeding the target, there are debates on whether tolerating higher inflation levels may be acceptable.
"The economy has weathered the Fed’s higher-for-longer strategy admirably well, but there is a mounting threat that the ongoing pressure will expose fault lines in the financial system." From Jim Parrott of @urbaninstitute and @Markzandi of @economics_ma: https://t.co/ODhxjm3WCR
🙄 “Inflation is still higher than the 2% the Federal Reserve is aiming for, and maybe that is OK. That is, if we could just put aside the fact that we hate inflation so much.” https://t.co/yEv3N0xYWZ
🇺🇸 Three Reasons Why US Financial Markets Are Cruising Through a Long Fed Hold - Bloomberg https://t.co/ROawrsdjYj
