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Fed’s reliance on year-on-year inflation data raises questions about policy timing

The Federal Reserve's heavy reliance on 12-month inflation measures may be obscuring a sharp recent slowdown in price pressures, raising questions about the timing of its monetary policy decisions.

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The Federal Reserve's heavy reliance on 12-month inflation measures may be obscuring a sharp recent slowdown in price pressures, raising questions about the timing of its monetary policy decisions.

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