Beyond the Failure to Hit 2% Inflation
According to the Fed's preferred measure of rising prices, it has failed to hit it's 2% price inflation target. Enter “flexible price-level targeting.”
According to the Fed's preferred measure of rising prices, it has failed to hit it's 2% price inflation target. Enter “flexible price-level targeting.”
Socialists tell us that socialism won't work unless it's total and pure. Fortunately, even partial and halfway pro-market reforms work quite well.
John Williams thinks multiple rate hikes are fine this year, but has some concerns about the slowing growth of the economy long term.