The Fed and Average Target Inflation – What to Expect from Wednesday’s Meeting

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The main event of the trading week is the Federal Reserve’s decision on Wednesday. While the market participants do not expect the Fed to increase the pace of the quantitative easing program this week, the focus will be on finding out more details about the average inflation targeting. 
The Fed altered its mandate lately and now focuses more on inflation rather than on the employment component. More precisely, it targets now average inflation at the…

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