Bloomberg Opinion

Ramesh Ponnuru on The Real Mystery About Low Inflation


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Bloomberg View contributor Ramesh Ponnuru argues that so-called mystery over low inflation is no mystery. If the Fed cared about meeting its 2 percent target, it would make it a higher priority. Instead it is raising interest rates, and carrying out other policies that are counterinflationary. The real mystery, Ponnuru says, is why so many people find low inflation mysterious. This commentary aired on Bloomberg Radio.
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Bloomberg OpinionBy Bloomberg News