Why the Fed’s Two-Percent Inflation Target Is Meaningless
In recent years we have repeatedly seen how the Federal Reserve’s much-touted two-percent price-inflation goal is little more than a political slogan.
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In recent years we have repeatedly seen how the Federal Reserve’s much-touted two-percent price-inflation goal is little more than a political slogan.
Episodes that made a difference involved an ideological and philosophical battle about policy and the role