Published Aug 27, 2026, 10:29 AM ET · Updated 3 months ago · 1 source
Federal Reserve is moving away from its inflation mandate
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Original Report
The Federal Reserve has moved further away from its inflation mandate over the past year, as evidenced by inflation rising from 2.9% to 3.3-3.4% while the unemployment rate has decreased from 4.3% to 4.1%.