Fed s Williams says 2% inflation target critical By Reuters investing.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from investing.com Daily Mail and Mail on Sunday newspapers.
The U.S. Federal Reserve should beef up its quarterly dot plot of policymakers interest-rate-path views by including the individual economic expectations that inform each one, Austan Goolsbee,.
Fed s Williams: Inflation Target Critical for Achieving Stable Prices usnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from usnews.com Daily Mail and Mail on Sunday newspapers.
PALO ALTO, California (Reuters) -The U.S. central bank's 2% target for inflation is key to achieving price stability and essential for ensuring economic prosperity, New York Federal Reserve Bank President John Williams said on Friday. His defense of the inflation target comes amid persistent calls from some corners for the Fed to overhaul the way it guides, sets and communicates policy. "Theory and experience have also shown the importance of transparency and clear communication, including setting an explicit, numerical longer-run inflation target, and of taking appropriate actions to support the achievement of that goal," Williams told a monetary policy conference at Stanford University's Hoover Institution.
More Fed officials ready to say goodbye to low-rate world | Hellenic Shipping News Worldwide hellenicshippingnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from hellenicshippingnews.com Daily Mail and Mail on Sunday newspapers.