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Target Index

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economics1 year ago

"US Inflation Slows to 2.4% in January, According to Federal Reserve's Key Measure"

The US inflation rate has eased to 2.4%, according to the Federal Reserve's target index, indicating a slowdown in price increases and potentially alleviating concerns about overheating. This development aligns with the central bank's goal of achieving price stability and will likely influence its monetary policy decisions in the near future.