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Inflation Above Target For Five Straight Years and Counting

Ben Bernanke first set an official inflation target in January 2012, aiming at 2%. Since then the Fed has claimed that it would begin to normalize interest rates when the target was reached and unemployment fell below 5%. The latter goal has long been met, but what about the inflation target? The post Inflation Above Target For Five Straight Years and Counting was originally published at The Wall Street Examiner.
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