If Chair Powell really wants to have the Fed be as transparent as possible, a first step would be to provide the public with a better understanding of the Fed’s plan for averaging inflation.
Any plan they pin down won´t work!
https://marcusnunes.substack.com/p/is-the-new-monetary-policy-framework
Sadly, that does seem quite likely. However, at least the public wouldn't be so in the dark about it if there was a clear plan.
Any plan they pin down won´t work!
https://marcusnunes.substack.com/p/is-the-new-monetary-policy-framework
Sadly, that does seem quite likely. However, at least the public wouldn't be so in the dark about it if there was a clear plan.