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Is 3% Inflation the New 2%?

Source: Macroeconomic Policy Nexus
by David Beckworth

“Why fiscal pressures may be keeping the Federal Reserve from finishing the last mile back to 2%.” (12/14/25)

https://macroeconomicpolicynexus.substack.com/p/is-3-inflation-the-new-2

December 15, 2025December 15, 2025 Thomas L. Knapp
Opinion
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