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Economist Writing Every Day
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The “Lost World” of 2% Inflation
https://economistwritingeveryday.com/2025/09/30/the-lost-world-of-2-inflation/
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Here is a chart of the Core Personal Consumer Index for inflation (Core PCE), which is the Fed’s favorite measure on inflation, from 1970 through early 2024: This chart is from an article by the Richmond Fed, The Origins of… Continue reading →
