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2min chapter
Senator Pat Toomey on Fed Governance, Monetary Policy, and the future of Digital Assets
Macro Musings with David Beckworth
Reevaluating Inflation Targeting Frameworks
This chapter examines the FATE framework implemented by the Federal Reserve in 2020, aimed at combating low inflation post-Great Recession. It critiques the framework's reliance on historical data and lack of Congressional engagement, noting how these factors may have contributed to the unexpected inflationary pressures that emerged later.
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Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode