Jinse Finance reports that Federal Reserve official Logan stated that the Federal Reserve should focus on achieving the 2% inflation target and should not try to compensate for past failures to meet inflation targets. The Federal Reserve should consider how to better communicate key risks, uncertainties, and policy responses to support the end of the flexible average inflation targeting regime.
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The Federal Reserve's Logan: The Federal Reserve should focus on achieving the 2% inflation target.
Jinse Finance reports that Federal Reserve official Logan stated that the Federal Reserve should focus on achieving the 2% inflation target and should not try to compensate for past failures to meet inflation targets. The Federal Reserve should consider how to better communicate key risks, uncertainties, and policy responses to support the end of the flexible average inflation targeting regime.