• An effort to boost the economy that was once seen as radical is about to get a fair hearing at the Fed

    12 days ago - By Business Insider

    The Federal Reserve is actively considering alternatives to its inflation targeting framework, whose success has been questioned after years of chronically undershooting the Fed's 2% goal.
    San Francisco Fed President John Williams' proposal for a price-level target appears to be gaining traction, garnering support from Raphael Bostic at the Atlanta Fed.
    Cleveland Fed President Loretta Mester says "now is the time to assess whether changes to our current framework could make monetary policy more effective in achieving our goals."
    Federal Reserve officials are strongly considering making...
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  • Fed's Kaplan sees US inflation rising but not 'running away'

    Fed's Kaplan sees US inflation rising but not 'running away'

    12 days ago - By CNBC

    Inflation is nearing the Fed's 2 percent goal while not accelerating enough to suggest the economy is overheating, Dallas Federal Reserve President Robert Kaplan said.
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