I do hope inflation is moving reliably toward our target. I, for one, need to see more data.

This is a remarkable story. Look at the chart contained in the story itself and try to spot the trend. I do hope inflation is moving reliably toward our target. 12-mo core CPI of 1.8% = 1.5% PCE & our target is 2% PCE. I, for one, need to see more data.
from FF News: Breaking News