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We were at school together http://youporn.in.net/ youporn.com He noted that inflation can be too low, not just too high, and that the Fed should monitor price trends closely to make sure inflation, currently hovering around 1.2 percent, moves closer to the central bank's 2 percent target. He stressed this objective was a target, not a ceiling, and that the Fed should aim for that rate as an average over time, even though it has undershot that level for several years.
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