The Federal Reserve’s move to an explicit inflation target: incremental policy shifts in techno-political institutions
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DOI: 10.1080/09692290.2021.1934073
Abstract: This paper analyzes the US Federal Reserve (Fed)’s landmark 2012 decision to adopt an explicit inflation target for the first time in its history. The paper focuses on explaining the dynamics of th... read more here.
Keywords: inflation target; federal reserve; explicit inflation;