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Hot Topic Hawke’s Bay
Hot Topic Hawke’s Bay
Analysis
3 mins to read

Average inflation targeting is in, the 90s are out

Economically Speaking: US Fed seeks 2% inflation average and says goodbye to 1990s.

The US Federal Reserve has made a fundamental change to the way it will run monetary policy.

It announced it will use “average inflation targeting” to run monetary policy and so we can say goodbye to the last vestiges of the 1990s. I liked the 1990s, I had my first mobile phone even though

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John McDermott Tue, 01 Sep 2020
Contact the Writer: john.mcdermott@motu.org.nz
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Average inflation targeting is in, the 90s are out
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