25 Nov UPDATE 1-Fed’s Brainard calls for ‘flexible’ average inflation target
The Federal Reserve should move
from a strict 2% inflation target to a broad, “flexible” promise
that inflation would average that level over time, a key member
of the U.S. central bank’s board of governors said on Tuesday in
one of the most explicit endorsements yet of changes in its
monetary policy framework.
from a strict 2% inflation target to a broad, “flexible” promise
that inflation would average that level over time, a key member
of the U.S. central bank’s board of governors said on Tuesday in
one of the most explicit endorsements yet of changes in its
monetary policy framework.
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