Five things to know about the Fed’s obsession with inflation

The US Federal Reserve’s easy money policies are not only failing to boost inflation and growth, but actually distract from meaningful reform.

Americans struggle with stagnant wages and rising prices. Yet the Federal Reserve is obsessed with boosting inflation with easy money policies that may actually discourage reforms that would help jobs creation and lessen income inequality.

Over the last year, consumer prices were up 1.1 per cent. That was historically low, because petrol fell 8.1 per cent.

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