Photo: Pedestrians walk near the Marriner S. Eccles Federal Reserve building in Washington, D.C., on December 28, 2023. Photographer: Valerie Plesch/Bloomberg Pedestrians walk near the Marriner S. Eccles Federal Reserve building in Washington, D.C., on December 28, 2023. Photographer: Valerie Plesch/Bloomberg

While some economists worry that the U.S. inflation fight may become more difficult as the Federal Reserve gets closer to its 2 percent target, a new central bank research paper argues that's not the case.

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