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Core consumer prices in the United States climbed above expectations in March, the U.S. Labor Department reported on Wednesday. Meanwhile, headline inflation fell into negative territory for the first time in over 50 years. The seasonally-adjusted core U.S. Consumer Price Index, which excludes volatile...
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Today's higher-than-expected U.S. inflation results suggest that the Fed can forget about deflation worries for now, economists say. Just days ago, the FOMC minutes from the Jan. 28 meeting revealed that deflation was a concern, with the board members putting forward an unofficial 2.0% target over...
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In an era when deflation concerns are just as valid as hyper inflation worries , Federal Reserve officials have been discussing whether the central bank should adopt an inflation target to anchor price expectations. Many analysts believe it will be a primary topic in the two-day monetary policy meeting...