Fed's Price-Targeting Regime: Suggested Changes Fail To Fix The #1 Flaw

Feb 12th 2020 2:50pm EST

Fed’s Price-Targeting Regime: Suggested Changes Fail To Fix The #1 Flaw Submitted by Joseph Carson, former Chief Economist & Director of Global Economic Research for Alliance Bernstein Price targeting has failed as a monetary policy experiment, forcing policymakers to now consider a new process to achieve its price stability mandate. Policymakers are considering shifting to […]

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