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The FOMC has been reacting to its own forecast of inflation rather than to the inflation of the past twelve months.

Drawn from what Brad DeLong said

inflation

What Brad DeLong actually said

  1. Brad DeLong Economics professor at the University of California
    The FOMC has been reacting to its own forecast of inflation, not to the inflation of the past twelve months.

Added to korrents 30 Oct 2026 · How quotes work · Something wrong? Tell us

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