Bessenet: Suggests that the Federal Reserve modify the 2% inflation target to a range of 1.5%-2.5% or 1%-3%
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U.S. Treasury Secretary Janet Yellen suggested re-evaluating the Federal Reserve's inflation target after the inflation rate falls to 2%, considering adjusting it to a range of 1.5%-2.5% or 1%-3%. She pointed out that public concerns about the cost of living are related to high prices during the Biden administration
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