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theconversation.com | ||
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www.ofce.sciences-po.fr
[AI summary] The article discusses whether the European Central Bank (ECB) should revise its 2% inflation target given the current economic context and the challenges in achieving it, considering both the potential benefits and risks of adjusting the target. |
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uneasymoney.com
Jason Furman has had an admirable career as an economist and policy adviser. He was on the staff of the Council of Economic Advisors in the Clinton administrations, was Assistant Director of the National Economic Policy under Larry Summers in Obama's first term served as Chairman of the CEA in his second. I am friendly... |
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www.petermartin.com.au
If the Reserve Bank board wanted to, it couldcut interest rates right now. The minutes of its September board meeting, released on T... |
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www.moneyandbanking.com
Since May 2021, we have criticized the Federal Reserves lagging response to surging inflation. In our view, both policy and communications were inadequate to address the looming challenge. Early this year, we argued that the Fed created a policy crisis by refusing to acknowledge the rise of trend inflation, maintaining a hyper-expansionary policy well after trend inflation reached levels far above their 2% target, and failing to articulate a credible low-inflation policy. Against this background, we comm... |
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