“I think, as Diane pointed out, you've been a long way away…” — Bloomberg Surveillance at 18:55
“I think, as Diane pointed out, you've been a long way away from the 2% target for a long period of time. There could be a little bit of disinflation in the system. I wonder what happens if the next couple prints on core PCE, you go from 3.4 to 3.3 to 3.1. And you see you're still above 2%. But what about on core CPI?…”
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