Cato Podcast cover image

How the Fed Thinks about Inflation, Cryptocurrencies, and NGDP Targeting

Cato Podcast

00:00

Is the Average Inflation Targeting a Good Idea?

Two years ago you moved to a new framework flexible average inflation targeting. By many accounts, this move has created some more uncertainty in the market. And coming at a time when inflation now has increased so markedly, it creates concern that despite your stated resolve, the commitment to price stability has become less strong. Should you consider modifications to this framework with ways these concerns and better managed short-term expectations?

Transcript
Play full episode

The AI-powered Podcast Player

Save insights by tapping your headphones, chat with episodes, discover the best highlights - and more!
App store bannerPlay store banner
Get the app