ÌÇÐÄvlog¹ÙÍø Affiliated Authors
James W. Harpel Professor of Capital Formation and Growth
Excerpt
Excerpt
Central Banks Should Forget About 2% Inflation. Jeffrey Frankel, July 25, 2019, Opinion, "Despite years of monetary stimulus, inflation in the United States, Japan, and the eurozone continues to undershoot central banks’ 2% target. Rather than doubling down on their oft-missed goal, however, perhaps the Fed and other central banks should quietly stop pursuing it aggressively."