Economic Trends

Filling you in on the current state of the economy.

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  • Evaluating Progress Toward the Fed’s Inflation Target
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  • Since January 2012, the Federal Open Market Committee (FOMC) has explicitly stated an inflation target of 2 percent. Since that time, most measures of inflation have been running persistently below that target. While in recent months some inflation indicators have made progress in moving back toward 2 percent, determining just how close we are to the FOMC’s target depends on which inflation measure we look at.

Regional Economics

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