The Federal Reserve Needs To Update Its Thinking On Inflation

Jonathon Trugman, New York Post: Business
Sat, 02/23/2019 - 8:37pm

It’s time for the Federal Reserve to join the 21st century. For years, the central bank has lamented that inflation is running below the 2 percent level desired by its antiquated model. Last week, Fed chief Jerome Powell said in the latest Fed board minutes that the bank ties future rate hikes to inflation, which...

Topics: federal reserve jerome powell fed inflation bank

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The Federal Reserve Needs To Update Its Thinking On Inflation

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