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As Warsh’s Fed faces pressure to act on inflation, these indicators show it’s at its lowest in years
The Federal Reserve under Warsh is under pressure to address inflation, but trimmed mean measures suggest inflation is at its lowest in years, differing from headline numbers. These indicators contrast with typical inflation metrics.
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Adjacent reporting
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- Kevin Warsh’s first big press conference shines a spotlight on confusion over how the Fed actually measures inflation
- Warsh says Fed has 'no tolerance' for high inflation but provides no hints on next move