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Rent Declines Have Already Solved the FOMC’s Inflation Problem

Por: Forbes Business February 28, 2023

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Vancouver, British Columbia, Canada. (Photo by Steven Miric/Construction Photography/Avalon/Getty ... [+] Images)Getty Images The continuing interest-rate increases from the Federal Open Market Committee (FOMC) are designed to achieve one crucial result: bring inflation down to a long-term average of about 2 percent. The goal of these increases is important: to avoid allowing high inflation to become embedded in long-term inflation expectations,... + full article



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