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Fed wants inflation to get down to 2% – but why not target 3%? Or 0%?

Fed wants inflation to get down to 2% – but why not target 3%? Or 0%?
By Veronika Dolar, SUNY Old Westbury What’s so special about the number 2? Quite a lot, if you’re a central banker – and that number is followed by a percent sign. That’s been the de facto or official target inflation rate for the Federal Reserve, the European Central Bank and many other similar institutions since […]... Read More
Posted: Dec 12 2022, 22:23
Author Name: investmacro
Views: 111642

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