Macro Musings with David Beckworth cover image

Bill English on the Effectiveness of QE and the Consequences of Fed Losses

Macro Musings with David Beckworth

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Is There a Symmetric Average Inflation Targeting Framework?

There seemed to be some confusion about that initially. The description in the statement said, if there have been shortfalls, it'll be appropriate to shoot a bit. So I felt like maybe I was a little slow to catch on to that nuance there. And then there was a speech, by Rich Clarita, who kind of spelled it out in a more specific way.

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