Fed's Long-Run Miss of Inflation Goal Undermines Rate Hike Case
Janet Yellen, chair of the U.S. Federal Reserve, listens during a Senate Banking Committee hearing in Washington, D.C., U.S. (Photographer: Andrew Harrer/Bloomberg)  

Fed's Long-Run Miss of Inflation Goal Undermines Rate Hike Case

Bookmark
(Bloomberg) -- When Federal Reserve policy makers were debating the adoption of an inflation target five years ago, the hawks pushed for a 1.5 percent goal as the best way to meet the central bank’...
BQ Install

Bloomberg Quint

Add BloombergQuint App to Home screen.