"The brutal logic behind measures targeting the central bank. The West's deployment of this economic weapon will also be watched with slack-jawed sho"

>"The longer the Fed waits, the more painful it will be to bring inflation back down to target."

"The Fed’s “average inflation targeting” regime remains too vague."

"The implications of Average Inflation Targeting, understood as a means for eventually making up for previous, unwanted price level movements, and consequent changes in the ex-post rate of inflation, differ dramatically depending on which _...Read More_