This paper examines the effectiveness of inflation targeting (IT) frameworks during the global inflation surge of 2022, a shock primarily driven by large adverse supply side disruptions following the ...
The Federal Reserve's policy framework is in flux, with credibility eroding after 4.5 years of missing its 2% inflation target. Current rate-cutting bias persists despite persistent inflation ...
The Federal Reserve's current dual mandate interpretation prioritizes employment over inflation, risking long-term credibility and failing to achieve its 2% inflation target. Recent policy shifts, ...
WASHINGTON, DC - NOVEMBER 08: Fed Chairman Jerome Powell prepares to deliver remarks to the The Federal Reserve's Division of Research and Statistics Centennial Conference on November 08, 2023 in ...