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Hiking the last mile on inflation
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Date：2025-04-12 20:38:49
The Federal Reserve finds itself in a tricky spot with inflation just a notch above its target of 2%. This poses a challenge for the central bank as they enter what's known as the "last mile" of monetary policy. Today, we explain why the final stretch of the Fed's race to 2% inflation is considered the hardest.
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Inflation dipped in January, CPI report shows. But not as much as hoped.