The Importance of the 2% Inflation Target, According to Fed's John Williams =============== #f9660aca ver:0.09 The 2% inflation target is crucial for central banks to anchor inflation expectations and ensure clear communication. It balances maximum employment and stable prices. However, some argue for a more flexible approach to adapt to changing circumstances. The Fed has battled high inflation and plans to review its policy framework. #InflationTarget #CentralBanks #EconomicPolicy... #newstr #InflationTarget #FederalReserveBank #MonetaryPolicy #InterestRates #LawrenceSummers #PolicyFramework #Communication #ChicagoFed #AustanGoolsbee https://here.news/story/f9660aca?ver=0.09