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The Fed used to say they would target 2% and just recently changed it to "an average of 2%". It's less denial and more of a changing in definition.
by frockington1 5y ago
The Fed used to say they would target 2% and just recently changed it to "an average of 2%". It's less denial and more of a changing in definition.
- deleted 5y ago[deleted]
- JumpCrisscross 5y agoSure, but that’s the Fed. It’s odd to pin this in the Biden administration when it’s a Trump appointee running the Fed while a Biden Treasurer (and former Obama Fed chairwoman) raises and retracts the spectre of rate increases.