“With inflation running persistently below this longer-run goal, the Committee will aim to achieve inflation moderately above 2 percent for some time so that inflation averages 2 percent over time and longer-term inflation expectations remain well anchored at 2 percent. The Committee expects to maintain an accommodative stance of monetary policy until these outcomes are […]
US Fed
The Fed Has Played With Fire: Now Comes A Reckoning (Forbes)
Monetary policy makers now face a great test to regain control with monetary restraint and at the same time keep markets and the economy from suffering a reverse.