In remarks at the Reserve Bank of India, President John C. Williams discussed key principles that are at the heart of inflation targeting strategies and have proven foundational and invaluable in managing extreme uncertainty. https://nyfed.org/4eUgYdZ
Very true! Setting the right expectations is key to stabilizing inflation in my opinion.
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4dthe central bankers currently have an F grade in this area. do you know if anyone in central banking here in the states actually takes economics courses anymore or are they all just dabbling in columbian agricultural products like they do on the street and in the white house?