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Detailed text transcripts for TV channel - FOXNEWS - 20140621:22:35:00

Important. >> slow that down, it was up 0.4%. >> in may. >> and then 2.1% over the past year. now, the federal reserves inflation target is 2% and the fed actually doesnt even use the cpi when its doing its calculations but use the personal consumption expenditure price index thats a slightly different calculation. that was up 1.6% over the past year. but regardless, both gauges are pointing to higher inflation and what were seeing with the fed right now is theyre starting to scale back that bon...
Doesn T In May Inflation Target Federal Reserve 0 4 2 1

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