What’s the Problem with Low Inflation?
August 6, 2017
The Federal Reserve Bank has persistently undershot its inflation target of 2 percent. This level of low inflation is puzzling, given the low unemployment.
Monetary Policy
August 6, 2017
The Federal Reserve Bank has persistently undershot its inflation target of 2 percent. This level of low inflation is puzzling, given the low unemployment.
April 13, 2017
Vacancies at the Fed's leadership as well as political rhetoric and pending legislation make this a particularly vulnerable time for Fed independence. Political pressure on central banks typically results in worse economic performance.