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Clive Crook: The Fed Should Raise Its Inflation Target


My Bloomberg colleague Michael McKee asked a really good question at Janet Yellen's press conference Thursday: If the Federal Open Market Committee expects below-target inflation for years, why do most its members think a rise in interest rates before the end of this year is called for?The headline from the statement was that interest rates

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Posted: September 18, 2015 Friday 03:26 PM