Two Indicators: The 2% inflation target

Adrian Ma, host of The Indicator and contributing voice to the sea shanty segment, dives deep into the 2% inflation target set by the Federal Reserve. He unpacks its intriguing origins, tied to a New Zealand economist, and explores the ongoing debate about its relevance today. The conversation cleverly uses nautical metaphors to illustrate inflation’s rising tides, while also touching on the impact of fluctuating prices on everyday items. With a mix of humor and insightful analysis, Ma sheds light on the complexities of economic stability.