Marketplace

The 411 on 2%


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Federal Reserve Chair Jerome Powell has reiterated the importance of the central bank’s 2% inflation target. But why is 2% the magic number? Today, we’ll take a closer look at where that figure came from and what trade-offs are necessary to reach it. Plus, urban downtowns plan for fewer workers, rent prices dip and economics faces a second #MeToo moment.

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