The headline consumer-price index (CPI) is near zero, and “core” or underlying inflation – the Fed’s favorite indicator – remains significantly below the seemingly sacrosanct 2% target. With a long-anemic recovery looking shaky again, the doves contend that there is no reason to rush ahead with interest-rate hikes.
对通胀目标孜孜以求的人来说，这一目标是无可挑剔的。标题消费物价指数（CPI）接近于零，“核心”或基础通胀——美联储最喜欢用的指标——仍显著低于堪称神圣的2%的目标。长期萎靡不振的复苏眼看就要再次夭折，鸽派认为没有理由急于提高利率。