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It’s really anyones guess
Fed’s Daly (voting member) says that it will take a year or two for inflation to get to 2% sustainably.
The comment is a bit different in that it puts a time period on the expectations. However, it is still anyone’s guess on when inflation will be "sustainably" above 2%. How long is
Search Web: Feds Daly: It will take a year or two for inflation to get to 2% sustainably
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