WASHINGTON, Sept. 21 (TNSRep) -- The Federal Reserve issued the following white paper in September 2025 by Daniel O. Beltran and Julio L. Ortiz entitled "Core Inflation in the Advanced Economies: A Regional Perspective". Here are excerpts: * * * Introduction Inflation dynamics sometimes exhibit striking regional patterns that cannot be fully explained by either purely domestic or purely global factors. For example, amid the oil shocks of the 1970s, cross-country inflation experiences varied more PR