Explaining the Fed's Inflation Conundrum

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The WSJ's Fed team breaks down exactly what soft inflation means for the Federal Reserve—and for you—as it aims for a 2% target rate. Photo: AP



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20 Years from now it probably won't be too much of a challange to produce more inflation. Looking at the history of currencies it is hard to conclude that low inflation is a long term problem requiring aggressive and sustained government action to rectify. If anything the reverse is true.

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This was published just before 2 very good years for employment and low inflation. Coincidence?

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