If taken too literally, Fed inflation averaging begs range of questions over dates that will be considered. It is best to read it, as it is intended, as a sign of long-run dovishness in response to failure of existing inflation models. @jmackin2
wsj.com/articles/a-fle… https://t.co/9de2ZKLP2S
RT @BJMbraun: How to be an effective political economist: Laser focus on the neuralgic points of the state-market nexus, follow
RT @BJMbraun: How to be an effective political economist: Laser focus on the neuralgic points of the state-market nexus, follow the money,…