“On the face of it, the Fed’s policy tweak, unveiled on Aug. 27, appears tailored to giving the U.S. economy a shot in the arm. A shift to average inflation targeting lets the Fed overshoot its target after downturns, indicating that rate hikes will come later and the jobs market will be allowed to run hotter, a boon to low-income families.”
Published: Sept.07: 2020: https://t.co/bWyVAULD0F
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