Macro Musings with David Beckworth cover image

Derek Tang on the Present and Future Landscape for Fed Policy and Politics

Macro Musings with David Beckworth

00:00

Is Nominal GDP Targeting Taking a Beating?

Janice Eberly could be the architect of the next review. She's expressed some sympathy toward 3% inflation targeting. So do you see any big changes happening to fate, the flexible average inflation targeting framework? I think what's probably more likely in probably our base case is they'll keep the 2% inflation point target.

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