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monetary policy independence, and then joining Arvin Krishna Mur for some discussion.
So over the past year, inflation has come down significantly, but it's still running above the FOMC's 2% goal.
In February, headline inflation was 2.5% over the past 12 months based on PCE index, a year ago it was 5.2.
Listen to native speakers pronounce “FOMC” in real conversational contexts with synchronized timestamps and subtitles.