Jeffrey Lacker on the History of Fed Credit Policy and the Four Doctrines of Fed Lending
Macro Musings with David Beckworth
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Analyzing the Fed's Shift in Inflation Targeting Framework
This chapter delves into the Federal Reserve's framework review, highlighting concerns over a potential shift from flexible average inflation targeting to a traditional flexible inflation target. It examines the implications of this abrupt change on the Fed's policy consistency and historical approach.
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