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Public Expects Federal Reserve to Achieve Low Inflation, Says Milan

Milan notes that the public is anticipating the U.S. central bank will maintain inflation at low levels.

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Terms & Concepts
  • Inflation: The rate at which the general level of prices for goods and services rises, eroding purchasing power.
  • U.S. Federal Reserve: The central banking system of the United States, responsible for monetary policy, including managing inflation and employment levels.