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The Fed Redefines its Inflation Target
The Fed Redefines its Inflation Target The Federal Reserve made history this past week by indicating that they would allow inflation to run above the 2% target. As the central bank to the United States, the Federal Reserve has a “dual mandate” to promote maximum employment while maintaining price stability. In other words, the Fed […]
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By Winthrop Capital Management
5
22 ratings
The Fed Redefines its Inflation Target The Federal Reserve made history this past week by indicating that they would allow inflation to run above the 2% target. As the central bank to the United States, the Federal Reserve has a “dual mandate” to promote maximum employment while maintaining price stability. In other words, the Fed […]