At the Money: Chicago Fed President Austan Goolsbee on Tariffs, Supply Chains and Inflation
Masters in Business
The Evolution of the 2% Inflation Target
This chapter explores the significance of the 2% inflation target within the context of post-COVID economic changes. The speaker reflects on their journey from skepticism to recognizing the target as a vital anchor for inflation expectations, affecting Federal Reserve policies. Additionally, the discussion emphasizes the importance of focusing on the real economy and potential future trends in interest rates amidst economic uncertainties.
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