US Fed Reviews Inflation Measures, Forms Five Task Forces To Modernise Decision-Making | CNBC TV18
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US Fed Reviews Inflation Measures, Forms Five Task Forces To Modernise Decision-Making | CNBC TV18
The US Federal Reserve is preparing to review how it measures inflation, forming five task forces to modernise decision-making. The move comes as traditional benchmarks like CPI and PCE are criticised for failing to reflect rising rents, medical bills and insurance costs. The review could reshape how inflation is defined, detected and acted ...
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