A growing number of countries are making a specific inflation rate the primary goal of monetary policy, with success TWO decades ago, New Zealand adopted a new approach to monetary policy, based on ...

CPI data will make the Federal Reserve more cautious about inflation risks, with more Fed watchers saying the central bank ...

Last year, personal consumption expenditures inflation was running at a 2.6% rate, above the Fed's 2% target, he noted ... Former Fed governor Frederic Mishkin said the central bank's effort ...