Krugman không hài lòng về 2% target mà Fed vừa tuyên bố, cho rằng trong hoàn cảnh hiện nay là quá thấp.
January 26, 2012, 11:31 am
I’m being asked for comments on the Fed’s low-rates-until-2014 announcement. It’s a step in the right direction — and it has had a visible effect on markets, pushing long-term rates down, which is all good.
But why is the inflation target only 2 percent?
Actually, I understand why; the inflation hawks are still a powerful force that must be appeased. But the truth is that recent experience has made an overwhelming case for the proposition that the 2 percent or so i...
I’m being asked for comments on the Fed’s low-rates-until-2014 announcement. It’s a step in the right direction — and it has had a visible effect on markets, pushing long-term rates down, which is all good.
But why is the inflation target only 2 percent?
Actually, I understand why; the inflation hawks are still a powerful force that must be appeased. But the truth is that recent experience has made an overwhelming case for the proposition that the 2 percent or so i...
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