[zzleeper]

Well we are getting slightly above the target no? And some say that once we overshoot and target expectations too high, taming them might be hard.

[adventured]

We're not seeing any inflation threats yet.

Aug 12, 2019: "U.S. consumer inflation outlook declined as Fed weighed rate cuts .... The Fed’s preferred inflation gauge, known as the core personal consumption expenditures price index, gained at an annualized 1.6% pace in June."

https://www.reuters.com/article/us-usa-fed-inflation-survey/...