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This is an abbreviated edition of Real Time Economics. Regular publication resumes Monday.
In this edition, inflation approaches the Fed’s 2% target, tax audits drop, Amazon.com helps the post office.
FED’S TARGET IN SIGHT
Inflation could soon be back at the Fed’s 2% target. In February the Fed’s preferred price index rose 0.23% excluding food and energy, propelled by brisk health care inflation. While it’s only up 1.6% in the last 12 months, that’s largely because of very low monthly readings a year Read More

Source:: wsj