Macro Musings with David Beckworth cover image

John Roberts on Macroeconomic Modeling at the Fed, Makeup Policy, and the Future of FAIT

Macro Musings with David Beckworth

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Is There Any Biggest Insights From All These Rules?

Michael Kylie: I've been a fan of level targeting, yes, for some time. If people believe that you're going to return to a level path and they take it as credible, they themselves will do some of the heavy lifting," he says. "It's less clear that all businesses and households who are involved in setting wages and prices are thinking carefully about what the Fed's going to do in the future"

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