Macro Musings with David Beckworth cover image

Jeanna Smialek on *Limitless: The Federal Reserve Takes on a New Age of Crisis*

Macro Musings with David Beckworth

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The Fed's Framework for Price Stability

The Fed's 2% inflation target was introduced by Ben Bernanke in 2012. Alan Greenspan resisted the idea because he thought it enforced a false degree of precision. It will be really interesting to see how this evolves going forward, David Wilcox says.

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