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What Happens If, Amid an Election, the Fed Cuts Key Interest Rate Only To See Inflation Surge Again?

The question arises because we’re getting hints that the Fed’s 2 percent inflation target doesn’t have to be actually reached before monetary officials ease up on rates.

By JUDY SHELTON |  
AP/Mark Schiefelbein, file
AP/Mark Schiefelbein, file
The New York Sun

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