Here's your periodic reminder that one half of the Fed's mandate is a literal oxymoron: they are tasked with creating "price stability" and to achieve that they target a 2% annual inflation rate.
In a classic oxymoron, the immediate contradictoriness creates a surprising paradox that prompts reflection. The Fed aims to achieve precisely the opposite here: a gradual redefinition of the term "price stability". For us critical thinkers, it's an oxymoron; for the sheeple, it's Newspeak.